Congressman Mark Sanford, R-South Carolina, says President Donald Trump’s new tariffs on imported solar panels and large washing machines are a mistake.
On Monday, the Trump administration imposed a tariff of 30-percent on most imported solar panels, and tariffs of up to 50-percent on large residential washing machines made overseas.
“If increasing tariffs were the road to prosperity, then a whole host of economically forgotten places around the world would be vibrant. They are not,” Sanford said. “Increased tariffs have proved themselves to sound great but set countries on a financial road to ruin. This is shortsighted and will cost American jobs.”
The Trump administration says the decision was part of President Trump’s campaign pledge to put American companies and jobs first.
The Solar Energy Industries Association says the tariffs will result in the loss of 23,000 industry jobs this year, according to the Associated Press. Sanford says over 7,000 South Carolinians who work in the solar industry could lose their jobs because of the tariffs.
Whirlpool chairman Jeff Fettig says the decision on washing machines will create new manufacturing jobs in a number of states, including South Carolina.
Earlier this month, Samsung cut the ribbon to a new appliance manufacturing plant in Newberry. The company says the $380 million facility will create more than 950 new jobs by 2020.