Trade Talks Episode 20: Tariff Time! Washing Machines and Dirty Trade Policy
Soumaya Keynes of The Economist and PIIE Senior Fellow Chad P. Bown discuss the controversy surrounding the US washing machine market and update the solar panels case, in light of President Trump’s decision to impose safeguard tariffs under Section 201 of the Trade Act of 1974. For washers, they describe the history of US mergers in the industry; earlier US antidumping and countervailing duties imposed on South Korea, Mexico, and China; and decisions by foreign companies to invest in America.
Soumaya Keynes (The Economist) and Chad P. Bown (PIIE)