Trump Slaps Tariffs on Washing Machines, Solar Panels
It’ll all come out in the wash. Import charges are normally decided by apolitical trade negotiators, but President Trump has employed seldom-used “safeguard” tariffs to levy steep charges on foreign-made washing machines and solar technology at the request of several American manufacturers. Environmentalists and much of the solar industry protested, arguing that higher prices will discourage adoption of solar power and cost American jobs. As Trump attends the World Economic Forum at Davos this week, the tariffs will send a strong message about his attitude toward a globalized economy.