Except as retaliatory measures against other tariffs, duties are essentially bad news. Sometimes disastrous. We can't blame or punish other countries; rather we must look to ourselves to make our products more competitive

New Import Duties Will Harm U.S. Consumers and Companies

By Michael Fumento —— Bio and Archives--February 10, 2018

American Politics, News | Comments | Back To Full Article

President Trump, with a nice big push from the U.S International Trade Commission (ITC), has slapped duties on two vastly different imports, solar panels made in China and all washing machines regardless of country. And that ITC has done him--and us--wrong. Prices for those imports will go up and, for at least one product (solar panels) there will almost certainly be a net U.S. job loss, even as the tariffs expose the U.S. to both direct and indirect retaliation as well as litigation before the World Trade Organization (WTO) that has the power to remove the duties.

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