Section 201: The Threat of Tariffs on the Growing U.S. Economy




Heritage Events Podcast show

Summary: President Trump is expected to announce decisions on two pending trade investigations initiated under Section 201 of the Trade Act of 1974 in the coming days. Suniva and SolarWorld, two foreign-owned solar companies with manufacturing facilities in the U.S., argue that imports of solar panels and modules are injuring their industry. Whirlpool, a U.S. company, is making similar claims regarding imports of large residential washers. After 15 years without a Section 201 petition, these cases mark a troubling turn toward protectionism. Tariffs under Section 201 have yielded negative results in the past, with the most recent round in 2002 costing America 200,000 jobs. Join us for a discussion on the trade cases headed to President Trump’s desk and the threat they pose to the U.S. economy.