WASHINGTON, DC -Today, Representative Mark Sanford (R-SC) released the following statement on the U.S. Trade Representative's decision to issue tariffs on imported solar panels and on washing machines:

'This is a mistake. 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. 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 appliance industry has recently seen strong investment in South Carolina with Samsung investing $380 million to build a new manufacturing plant, while the solar industry concurrently has been growing at 20% a year over the last four years. All told, over 7,000 South Carolinians who work in the solar industry could lose their jobs as a result of these tariffs.'

Mark Sanford published this content on 23 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 January 2018 15:54:08 UTC.

Original documenthttps://sanford.house.gov/media-center/press-releases/sanford-statement-on-administrations-decision-to-issue-tariff

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