Sunday, March 16, 2025 | 10:23 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Trump's 30% tariff hike on solar panels aimed at China, South Korea

In an 'America First' policy drive, The US administration said new barriers on solar panels and washing machines are aimed at protecting domestic production from cheap imports

Donald Trump
Premium

Donald Trump US President, to the media on the south lawn of the White House in Washington on Saturday

Jacob M. Schlesinger and Erin Ailworth | WSJ
President Donald Trump slapped steep tariffs on imports of solar panels and washing machines, kicking off his second year in office by showing he is ready to start implementing his long-promised “America First” trade policy.

The moves were announced Monday in response to U.S. industry pleas for relief from a recent flood of cheap imports and are the first of what administration officials said would be a series of trade-enforcement actions in the coming months.

The tariffs are aimed mainly at Asian manufacturers—Chinese makers of solar panels and South Korean producers of washing machines. But the administration announced

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in