Corrected: U.S. slaps tariffs on some imported solar cells, washers

Solarworld AG

23/01/2018 14:24

((Removes incorrect stock ticker symbol)) 
    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