Trump Imposes Tariffs On Foreign Solar Panels

The Trump administration is imposing tariffs on foreign solar panels and washing machines.  A 30% tax will be applied to imported solar panels, which mostly come from China.  Imported large residential washing machines will also see tariffs starting at 20%.  The announcement was made yesterday by U.S. Trade Representative Robert Lighthizer and marks President Donald Trump's first major trade action of the year.  The move also follows the Trump administration's goal to get tough on America's trading partners.  

The U.S. International Trade Commission found that imports on solar panels and washers hurt American companies.

Photo: AOL