Climate Changed
Trump Pulls His Punches in First Foray Into Long-Pledged Tariffs
- China says tariffs will worsen global trading environment
- Some manufacturers say actual tariffs could have been worse
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After a year of chest thumping, President Donald Trump has finally delivered the type of trade blow his political base has been craving.
Trump slapped tariffs on imported solar panels and washing machines on Monday in his first major move to level a global playing field he says is tilted against American companies. The decision came two days after the one-year anniversary of his inauguration as he prepares to travel to the World Economic Forum in Davos, Switzerland, where his “America First” stance is likely to be at odds with the global business and political elite.