President Trump says new tariffs will protect USA jobs
- Author: Rogelio Becker Jan 26, 2018,
Jan 26, 2018, 1:50
The Solar Industry Association predicts fewer solar installations in the coming year, costing 23,000 jobs but Glenn Siemens the owner of Arise Solar, is not anxious. "However, The Alliance for American Manufacturing applauded the decision, saying American workers and manufacturers ".cannot compete against surging unfair imports from countries like China, which are dumping product into the U-S in an attempt to put American companies out of business".
A spokesman said the administration would "always defend American workers, farmers, ranchers and businessmen".
Mr Trump has talked about taking the action ever since coming to office.
The plans are well underway as the company held a two-day onsite career fair early last month, it noted, adding that this is just phase one of the production increase initiative.
Derek Miller, President and CEO of World Trade Center, Utah hopes the president reverses the decision.
Trump acted Tuesday to impose new tariffs on imported solar-energy components and large washing machines in a bid to help USA manufacturers. These numbers would similarly decline to 16% and 40% respectively after 3 years.
The tariff will only be in place for several years and will gradually drop to 15 percent, but local experts say the tax will still have a big impact on the solar industry.
They were imposed after the U.S. International Trade Commission found that the imported products were "a substantial cause of serious injury to domestic manufacturers". The administration has already made a decision to pull the US out of the global Paris climate agreement, rolled back Obama-era regulations on power plant-emissions and passed sweeping tax reforms that constrained financing for solar and wind.
But the SE statement questioned the impact of Mexican imports on the competitiveness of us industries.
Kim, who had served on the WTO's appellate body, stressed that there is a strong chance South Korea will win the suit.