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Trump’s trade war has started. Who’s been helped and who’s been hurt?
From:Washington post | Edit:insomila | Time :2656天前 | 2155 Times visit: | 分享到:
In January, President Trump imposed tariffs on washing machines and solar panels, followed a few months later by steel and aluminum. On July 6, additional tariffs against Chinese products go into effect.
In January, President Trump imposed tariffs on washing machines and solar panels, followed a few months later by steel and aluminum. On July 6, additional tariffs against Chinese products go into effect.

Administration officials say the import taxes are very small compared with the country’s $18 trillion economy and that they will boost domestic manufacturing and investment. Trump has urged patience as the trade war continues to escalate. But what are the impacts of the tariffs that have already gone into effect?

The 20 percent tariff on washing machines in January was a boon to Whirlpool Corp. The company had been losing market share to Korean manufacturers LG and Samsung and repeatedly petitioned the government for protection from competitors.

The price of solar panels has dropped dramatically over the years as technology advanced and imports ballooned. In June the average price was $3.03 per watt, down 20 percent since 2015, according to solar marketplace EnergySage.

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