Optrump Tariffs On Solar Panels And Washing Machines

The first 1 2 million washing machines imported each year will face a 20 percent tariff with additional imports facing a 50 percent tax.

Optrump tariffs on solar panels and washing machines.

Cnn the trump administration is imposing tariffs on imported solar panels and washing machines. A tariff or tax of 30 will be applied to imported solar panels most of which come from china. 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. Under monday s announcement parts also will be hit with a.

Manufacturers lobbied for the. The announcement marks president trump s first major trade action of 2018 and follows his campaign. 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.