Trade Panel Recommends Import Taxes On Solar Power Products
That's after some solar companies complained they couldn't compete with cheap products from abroad.
LEARN MOREThe GOP Doesn't Like Trump's Plan To Put Tariffs On Steel, Aluminum
He wants a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports.
The GOP Doesn't Like Trump's Plan To Put Tariffs On Steel, Aluminum
Getty Images
March 1, 2018
President Donald Trump announced Thursday that the U.S. will place tariffs on steel and aluminum imports next week, and the GOP isn't happy about it.
Neither is Canada. The Canadian minister of foreign affairs said, "Any restrictions would harm workers, the industry and manufacturers on both sides of the border."
Trump proposed a 25 percent tariff on steel and a 10 percent tariff on aluminum, but other Republicans say that will lead to a trade war.
Sen. Pat Toomey said Thursday, "New, huge tariffs on all kinds of imported steel is a big mistake that will increase costs on American consumers, cost our country jobs, and invite retaliation from other countries."
A spokesman for Speaker of the House Paul Ryan said Ryan is "hoping the president will consider the unintended consequences of this idea and look at other approaches before moving forward."
Imports make up about one-third of steel used in American businesses. The Dow dropped over 400 points after Trump's announcement.
GOP on State of the Union: 'Biden and the Democrats have failed you'
Arkansas Gov. Sarah Huckabee Sanders told her audience that Biden and the Democratic Party “failed you. You know it, and they know it.”
By Al Drago / AP1:50
President Joe Biden delivers the 2023 State of the Union address
President Joe Biden's annual address focused on bipartisanship while touting the administration’s economic accomplishments.
By Patrick Semansky / AP4:22
Abortion rights activists call on President Biden for more action
The issue of medication-based abortion crept up during the pandemic and has only ballooned since.
By Evan Vucci / APTop Stories
GOP on State of the Union: 'Biden and the Democrats have failed you'
Arkansas Gov. Sarah Huckabee Sanders told her audience that Biden and the Democratic Party “failed you. You know it, and they know it.”
By Al Drago / AP3:08
After State of the Union, Tyre Nichols' family pushes accountability
Just after attending the State of the Union address, Tyre Nichols' parents talked to Scripps News about their experience and hopes for the future.
By Patrick Semansky / AP1:50
President Joe Biden delivers the 2023 State of the Union address
President Joe Biden's annual address focused on bipartisanship while touting the administration’s economic accomplishments.
By Patrick Semansky / AP