Las Vegas Review-Journal

Trump approves tariffs on imports

President’s move applies to solar panel parts, washing machines

- The Associated Press

WASHINGTON — President Donald Trump on Monday approved tariffs on imported solar-energy components and large washing machines in a bid to help U.S. manufactur­ers.

The president’s decision followed recommenda­tions for tariffs by the U.S. Internatio­nal Trade Commission.

“The president’s action makes clear again that the Trump administra­tion will always defend American workers, farmers, ranchers, and businesses in this regard,” U.S. Trade Representa­tive Robert Lighthizer said in a statement announcing the decision.

Most imported solar modules will face an immediate tariff of 30 per- cent, with the rate declining before phasing out after four years.

For large residentia­l washing machines, tariffs will start at up to 50 percent and phase out after three years.

The U.S. solar industry was split over the trade barriers.

The tariffs were sought last year by Suniva Inc., which filed for bankruptcy protection in April, and the U.S. subsidiary of Germany’s SolarWorld.

They said that a nearly 500 percent increase in imported solar panels over five years led to a ruinous price collapse.

Nearly 30 U.S. solar-manufactur­ing facilities had closed in the past five years, they said, as China plotted to flood the global market with cheap products to weaken U.S. manufactur­ing.

Suniva spokesman Mark Paustenbac­h called tariffs “a step forward for this high-tech solar-manufactur­ing industry we pioneered right here in America.”

However, solar installers and manufactur­ers of other equipment used to run solar-power systems opposed tariffs, which they said will raise their prices and hurt demand for the renewable energy.

The case for tariffs on washing machines was pushed by Benton Harbor, Michigan-based Whirlpool Corp. The company’s chairman, Jeff Fettig, said tariffs on imported machines would create new manufactur­ing jobs in Ohio, Kentucky, South Carolina and Tennessee.

Newspapers in English

Newspapers from United States