Trump Makes First Big Trade Move With Tariffs Aimed at Asia

[loco]

President Donald Trump slapped tariffs on imported solar panels and washing machines, his first major trade move after repeated threats to crack down on what he sees as unfair foreign competition.

The U.S. will impose new duties of as much as 30 percent on foreign-made solar equipment, the U.S. Trade Representative’s office said Monday. The president also approved tariffs starting as high as 50 percent on imported washing machines, according to USTR.

The moves come as Trump prepares to travel to Davos for the World Economic Forum, where the world’s business and political elite are meeting to discuss topics including the backlash against globalization. The new tariffs will add teeth to the president’s “America First” foreign policy after months of threatening to get tough on what Trump sees as the unfair trade practices of nations such as China and South Korea.

https://finance.yahoo.com/news/trump-makes-first-big-trade-221839872.html

[Yamcha]

President Donald Trump slapped tariffs on imported solar panels and washing machines, his first major trade move after repeated threats to crack down on what he sees as unfair foreign competition.

The U.S. will impose new duties of as much as 30 percent on foreign-made solar equipment, the U.S. Trade Representative’s office said Monday. The president also approved tariffs starting as high as 50 percent on imported washing machines, according to USTR.

The moves come as Trump prepares to travel to Davos for the World Economic Forum, where the world’s business and political elite are meeting to discuss topics including the backlash against globalization. The new tariffs will add teeth to the president’s “America First” foreign policy after months of threatening to get tough on what Trump sees as the unfair trade practices of nations such as China and South Korea.

https://finance.yahoo.com/news/trump-makes-first-big-trade-221839872.html

[Conker]

trade tariffs = protectionism = communism

lock him up! he's a COMMUNIST!

[loco]

trade tariffs = protectionism = communism

lock him up! he's a COMMUNIST!

Well, there's that.  Every American mega corporation should have the freedom to outsource American jobs offshore where low wage (slave) labor, child labor, worker abuse, and horrendous working conditions are not illegal, all to lower their spending, increase their margins and profits to please their shareholders.  

[Conker]

Well, there's that.  Every American mega corporation should have the freedom to outsource American jobs offshore where low wage (slave) labor, child labor, worker abuse, and horrendous working conditions are not illegal, all to lower their spending, increase their margins and profits to please their shareholders.  

you sound very socialist !

[loco]

you sound very socialist !

You caught me.

[Yamcha]

Here's the thing when it comes to the Solar Panels. They use very hazardous materials during manufacturing. Materials that are harmful to the environment. Do you think China/East Asia gives a shit about the environment when producing these panels?

You'd think that liberals would be applauding the tariffs on these products. But Drumpft... 

Varying regulations and manufacturing practices make it difficult to get standardized data about the environmental footprint of photovoltaic panels. A study released in May by Northwestern University and Argonne National Laboratory found that the carbon footprint of a panel from China is twice that of one from Europe, because China has fewer environmental standards and more coal-fired power plants.

China has already seen a backlash. Panel manufacturer Jinko Solar, for example, has faced protests and legal action since one of its plants, in the eastern province of Zhejiang, was accused of dumping toxic waste into a nearby river.

Solar manufacturers in the United States are subject to both federal and state rules that dictate, for example, how and where they can dispose of toxic wastewater. In Europe recent regulations mandate the reduction and proper disposal of hazardous electronic waste.

Still, researchers say it's difficult to get quality data across solar panel markets.  The numbers available on the environmental impact of solar panel manufacturing in China are "quite different from those in the U.S. or in Europe," said Fengqi You, assistant professor of engineering at Northwestern University and a co-author of the May study. "It is a very complicated problem."

[polychronopolous]

Yet another brilliant political move by Trump.

Continuing to cut the nuts off the Dems.

Build the factories in Ohio, Michigan, Pennsylvania and sew up that Rust Belt.

If you can’t take down Trump in the Rust Belt you do not have a prayer of unseating him in 2020.

[residue]

why would anyone actually want Solar Panels manufactured on american soil? these things are incredibly toxic

[loco]

why would anyone actually want Solar Panels manufactured on american soil? these things are incredibly toxic

Yet libtards say they're great for the environment.