Optrump Tariffs On Solar Panels And Washing Machines

Under monday s announcement parts also will be hit with a.

Optrump tariffs on solar panels and washing machines.

Trump slaps tariffs on imported solar panels and washing machines. The two way the move has met with both praise and criticism from the solar energy industry. 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 first 1 2 million washing machines imported each year will face a 20 percent tariff with additional imports facing a 50 percent tax.

Manufacturers lobbied for the. The announcement marks president trump s first major trade action of 2018 and follows his campaign. A tariff or tax of 30 will be applied to imported solar panels most of which come from china.