Trump slaps tariffs on foreign 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.  A tariff, or tax, of 30% will be applied to imported solar panels, most of which come from China. Tariffs will begin at 20% on large residential washing machines, according to the announcement Monday from U.S. Trade Representative Robert Lighthizer.”

Read more: http://money.cnn.com/2018/01/22/news/economy/us-tariff-washing-machines-solar-cells/index.html

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