WASHINGTON, Jan 22 (Reuters) - President Donald Trump has
approved recommendations to impose safeguard tariffs on imported
large residential washing machines and imported solar cells and
modules, U.S. Trade Representative Robert Lighthizer said on
Monday.
The decision followed findings by the U.S. International
Trade Commission that both imported products "are a substantial
cause of serious injury to domestic manufacturers," Lighthizer
said in a statement. A 20 percent tariff will apply on the first
1.2 million imported washers in the first year, and a 50 percent
tariff on machines above that number. A 30 percent tariff will
be imposed on imported solar cells and modules above 2.5
gigawatts in the first year.
(Reporting by David Lawder; Writing by Eric Walsh; Editing by
Mohammad Zargham)
((eric.walsh@thomsonreuters.com; 1-202-898-8457; Reuters
Messaging: eric.walsh.thomsonreuters.com@reuters.net))
Keywords: USA TRADE/TARIFFS