BEIJING, January 23 (Reuters) - South Korean government said on the 23rd that it will file with the World Trade Organization the decision of the United States to impose tariffs on imported washing machines and solar panels, calling the decision "over and regrettable."
At a meeting, South Korean Minister of Trade Kim Hyo-sang said: "The latest safeguard measures clearly violate the WTO rules and we will actively deal with protectionist measures."
On Monday, President Trump approved 50% and 30% tariffs on imported washing machines and solar panels respectively, for the first time that he imposed trade restrictions on trade laws that were rarely used and allowed for unilateral actions.
US Trade Representative Lethysize said in a statement that prior to making a decision on the two "201" safeguards, the U.S. International Trade Commission (ITC) ruled that the two imported products were "severely damaged by domestic manufacturers Important reason '.
Washing machine tariffs exceed the highest levels recommended by ITC members, while tariffs on solar panels are below the level expected by U.S. producers.
In the first year, Trump will impose a 20% tariff on the first 1.2 million large home-use washing machines and a 50% tariff on machines that exceed this amount, both down to 16 in the third year % And 40%.
The first year will impose tariffs of 30% on imported solar cells and components, and then decline year by year to 15% in the fourth year. 2.5 GW of imported unassembled solar cells are exempt from tariffs.
