Posted on 01/23/2018 1:52:29 PM PST by jdsteel
President Donald Trump has approved steep tariffs on imports of solar panels and washing machines to protect US producers, triggering an outcry in China and South Korea and even protests at home.
Seoul said Tuesday it planned to take the issue to the World Trade Organization while Beijing expressed "strong dissatisfaction". "Together with other WTO members, China will resolutely defend its legitimate interests," its commerce ministry warned, without indicating any specific counteraction.
At home in the US, the move was decried by the solar industry, which said the tariffs would create a "crisis" and cost thousands of US jobs and billions in investment without helping domestic suppliers meet rising demand. US Trade Representative Robert Lighthizer said the tariffs were imposed after an "exhaustive" review by USTR and the independent US International Trade Commission, which determined that US producers were "seriously injured by imports."
The administration imposed tariffs of up to 50 percent on imports of large washing machines over three years, and up to 30 percent on solar panels over four years. South Korea, which has signed a free trade deal with the US and is a crucial ally in Washington's confrontation with North Korea, said it would a file a petition at the WTO.
(Excerpt) Read more at afp.com ...
I never read a headline that says “(nation x) angers U.S.”. Maybe it happens, but I just never see it. I hate the media....
Ping!
An outcry, huh? Well ain’t that something?
They must be pretty far away because I can’t hear them where I live...
Both (yes I include South Korea) their behavior has been shameful with regard to North Korea. Just look at the South Korean president sabotaging his own country’s Olympic teams on home turf to allow for athletes from the North not only to march with them under some united flag but to PLAY with them (in hockey and other team sports!) Also!
Both China and S. Korea would not be where they are today if it weren’t for the U.S. - time they realize it.
They’ll just go and do their own thing. Maybe we can sell our own homemade stuff within our borders.
Trump Angers China/South Korea With New Trade Tariffs
Should more honestly read:
Communist China and South Korea companies caught cheating America on trade.
It’s not like China and S Korea don’t have tariffs on our stuff.
“- ‘Disappointment’ among solar industry -”...next headline: TRUMP DESTROYS THE WORLD WITH GLOBAL WARMING!!!!
Oh nos! Please don’t upset any parasitic world countries the Rats and GOPe have allowed to destroy this great country!!
Angers korea china, no raffing out roud!
Angry angry...no no, no raff out roud!
“Together with other WTO members, China will resolutely defend its legitimate interests,”
So will we, pal.
As if the Solar Industry can’t meet demand if they try. I remember when the US went from producing cars to producing tanks almost overnight. We’ve got the know how to do anything under the sun. Time to stop the negative thinking that we can’t do this or that. Can’t is not in a true American’s vocabulary.
Time China remembers they wouldn’t be a member of WTO if it hadn’t been for America.
They are not angry.
The manufacturers are just going to move their production to the US.
WINNING
Soylendra stock holders rejoiced at the news. Unfortunately, their stock value was zero haven been stolen to pay the Obama girls tuition
These two countries are the most shithole in the world. Hanging dogs on hooks and blowtorching them to death live as they scream and squirm. I wish nothing good to ever come to these two countries.
Thanks for making their day more bleak. May it continue forever in some fashion or another that they suffer in any way, no matter how small.
Exactly.
It appears that President Trump has added this to his poker bankroll regarding North Korea.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.