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    Trump imposes new ‘America First’ tariffs

    Chronicle EditorBy Chronicle EditorJanuary 23, 2018No Comments3 Mins Read
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    President Donald Trump
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    President Donald Trump has imposed a new ‘America First’ tariff

    The United States has approved controversial tariffs on imported washing machines and solar panels.

    The move is in line with President Donald Trump’s “America First” trade policy, which aims to protect local manufacturers from foreign competition.

    A spokesman said the administration would “always defend American workers, farmers, ranchers and businessmen”.

    But China and South Korea, whose manufacturers will be most heavily affected, criticised the move.

    US officials said more trade enforcement actions would follow.

    Mr Trump has talked about taking the action ever since coming to office. In his inauguration speech a year ago he promised to protect US borders from other countries “making our products, stealing our companies and destroying our jobs”.

    The actions are being seen as the president’s most significant trade moves since his decision to pull the US out of the Trans-Pacific Partnership deal (TPP) and renegotiate the North American Free Trade Agreement (NAFTA).

    Why have the tariffs been imposed?

    The tougher policy was approved by President Trump after the US International Trade Commission found local manufacturers were being hurt by cheaper imports.

    READ: NNPC to ease supply, distribution of petrol by building more depots

    The tariffs set on solar panels were lower than domestic US producers had hoped for, but the duties on washing machines and parts were steeper than expected – adding as much as 50% in some cases, according to US documents.

    How will the tariffs work?

    The first 1.2 million imported large residential washing machines in the first year will have a 20% tariff imposed on them, while there will be a 50% tariff on machines above that number.

    By the third year, these will drop to 16% and 40% respectively.

    Meanwhile, the tariff increase on imported solar cells and modules in the first year will be 30%, falling to 15% by the fourth year, although 2.5 gigawatts (GW) of imported cells will be allowed in tariff-free annually.

    What has the reaction been?

    US appliance maker Whirlpool, which for years has sought protection against cheaper imports from South Korea and Mexico, welcomed the move.

    “This announcement caps nearly a decade of litigation and will result in new manufacturing jobs in Ohio, Kentucky, South Carolina and Tennessee,” chairman Jeff Fettig said in a statement.

    Shares in Whirlpool rose 2.5% on the news, and it immediately announced it would employ 200 more people. Shares in US solar panel manufacturers also went up.

    Environmentalists argue that making solar panels more expensive risks holding back the development of renewable energy in the country.

    China and South Korea have reacted angrily to the news.

    South Korea said it would complain to the World Trade Organization (WTO), calling the tariffs “excessive” and “regrettable”. Its manufacturers, including Samsung and LG, compete in the washing machine market with US firms such as Whirlpool.

    Samsung called the tariffs “a tax on every consumer who wants to buy a washing machine”.

    Meanwhile China, the world’s biggest solar panel manufacturer, said the move would further damage the global trade environment.

    China is the US’s biggest trading partner and government spokesman Wang Hejun said that Beijing expressed “strong dissatisfaction” with the plans.

    He warned that “together with other WTO members, China will resolutely defend its legitimate interests” adding that the plans “not only aroused the concern of many trading partners but was also strongly opposed by many local governments and downstream enterprises in the US”.

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    Justice Emeka Nwite sentences two Ansaru leaders to life imprisonment over their roles in the 2022 Kuje prison break and terrorism offences.

    Two Ansaru commanders get life imprisonment for terrorism, Kuje prison break

    July 20, 2026
    President Bola Tinubu announces the appointment of 26 officials to the boards and management of 10 federal government agencies and commissions.

    Tinubu announces 26 appointments, names Fayose REA board chairman

    July 20, 2026
    Jonathan: Thugs fly first class while professors struggle to travel economy

    Jonathan recounts risking life for Niger Delta peace

    July 20, 2026
    Andy Burnham delivers his first speech outside 10 Downing Street after becoming the United Kingdom's prime minister.

    Burnham sworn in as UK Prime Minister after Starmer’s exit

    July 20, 2026
    Femi Gbajabiamila, Chief of Staff to President Bola Tinubu, during an official engagement as he threatens a ₦10 billion defamation lawsuit over PFIPC allegations.

    ICPC grills Gbajabiamila over PFIPC scandal

    July 20, 2026
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