U.S. slaps tariffs on some imported solar cells, washers

Reuters  |  WASHINGTON 

(Reuters) - has approved recommendations to impose safeguard tariffs on imported large residential washing machines and imported solar cells and modules, U. S. Trade said on Monday.

The decision followed findings by the

that both imported products "are a substantial cause of serious injury to domestic manufacturers," said in a statement. A 20 percent tariff will apply on the first 1.2 million imported washers in the first year, and a 50 percent tariff on machines above that number. A 30 percent tariff will be imposed on imported solar cells and modules above 2.5 gigawatts in the first year.

(Reporting by David Lawder; Writing by Eric Walsh; Editing by Mohammad Zargham)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, January 23 2018. 03:37 IST