Optrump Tariffs On Solar Panels And Washing Machines

The announcement marks president trump s first major trade action of 2018 and follows his campaign promise to get tough on america s trading partners.

Optrump tariffs on solar panels and washing machines.

Under monday s announcement parts also will be hit with a. Up to certain levels imports of solar cells will be exempt from the tariff while the first 1 2 million imported large washing machines will get a lower tariff peaking at 20 percent. The two way the move has met with both praise and criticism from the solar energy industry. A tariff or tax of 30 will be applied to imported solar panels most of which come from china.

Manufacturers lobbied for the. The first 1 2 million washing machines imported each year will face a 20 percent tariff with additional imports facing a 50 percent tax. The announcement marks president trump s first major trade action of 2018 and follows his campaign.