U.S. Slaps Tariff On Solar Cells and Washing Machines

 

Via xinhuanet.com

The Office of the United States Trade Representative announced Monday that the country will impose tariffs of up to 50 percent on imported washers for the next three years, and up to 30 percent on solar cells and modules for the next four years.

China’s Ministry of Commerce Tuesday expressed “strong dissatisfaction” over the move, saying it exacerbated a difficult global trade environment.

Trina Solar, one of the world’s largest solar module suppliers based in eastern China’s Jiangsu Province, said the tariffs will lead to higher prices for solar products and have a severe impact on the investment of solar companies in the United States.

 

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