U.S. President Donald Trump's first major tradeaction of the year is to impose a tariff or a tax onsolar panels and washing machines that come fromother countries.
Why these two items?
America's independent International TradeCommission found that these imports in particularhad hurt American companies. They've been sold at cheaper prices than American madeproducts, making it hard for U.S. companies to compete.
So, the Trump administration is placing at temporary tariff of 30 percent on imported solarpanels and a tariff of 20 percent on large home washing machines. This will raise the cost ofthese imports to Americans and encourage them to buy panels and machines that are made inthe U.S. instead.
The taxes will be in place for three years and then be reduced after that. As a presidentialcandidate, Donald Trump had promised to reduce America's trade deficits. And a U.S. traderepresentative says the tariffs make it clear that the Trump administration will defendAmerican businesses.
Reactions to the decision were mixed. Whirlpool, an American company that makes washingmachines and other appliances, says it plans to hire hundreds more people and create newmanufacturing jobs.
But Samsung, a company based in South Korea, says the tariffs will cause people to have topay more for washing machines. And China, where most of America's imported solar panelscome from, said it was strongly opposed to the tariffs and that they could cause trouble forthe global trade environment. Critics say they could also hurt some solar industry jobs inAmerica.
President Trump isn't the first U.S. leader to do this. Former President Barack Obama also puttariffs on some Chinese solar imports, but they're still reportedly cheaper than American ones.The Trump administration says more trade actions like this are ahead.
AZUZ: In the U.S. state of Kentucky, investigators are searching for answers after a deadlyshooting took place at a high school. A 15-year-old male student has been charged with murderand attempted murder after he allegedly shot 14 people at Marshall County High School. Two ofthem died and five other people were injured but not from being shot.
Marshall County is a rural area in western Kentucky. The state's governor, Matt Bevin,described the community as a small one that's closely knit, and said the shooting was atremendous tragedy. What caused it was unclear last night, but stories of heroism had alreadystarted coming out of the school. One involved the quick action of a student and a teacher whorushed to help another student who'd been shot in the arm and get hem to the hospital.