The U.S. and China have not been able to reach an early compromise at the WTO regarding the former’s section 201 duties on China’s washing machine exports. That’s not a surprise and sets the tone for WTO challenges against similar tariffs on solar panels launched by several countries in February. U.S. seaborne imports of washing machines fell 83% in March vs. December’s highs and have hit the lowest since 2008. Meanwhile solar panel imports have dropped 78% since October to come close to January 2015’s trough. Shipments may rise in the future given the quota-type system used in the secti...
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