U.S. Economic News

January 23, 2018

 

U.S. News

The Wall Street Journal reports that President Trump has imposed stiff tariffs on imports of solar panels and washing machines. The tariffs, coming after U.S. producers of solar panels and washing machines complained to the administration about a flood of cheap imports, are aimed mainly at Asian manufacturers but apply to imports from nearly every country. WSJ

According to the Wall Street Journal, China’s shift from coal to natural gas has driven up the price of liquefied natural gas (“LNG”) around the world. China still suffers from severe pollution issues, and the shift away from coal should help boost U.S. exports of LNG in the coming years. WSJ

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