Why the U.S. Needs President Trump’s Tariffs

On April 2, President Donald Trump took bold and historic action to defend American industry with the announcement of sweeping new tariffs aimed at countering unfair foreign trade practices and reigniting U.S. manufacturing. Dubbed “Liberation Day”, this policy marks the first major step in a new era of economic revitalization—one where the United States refuses to accept the systematic dismantling of its industrial base and begins to chart a path back to true production-led prosperity.

Revenue Impact of Retroactive Duties on U.S. Solar Imports under the 2022-2024 Tariff Moratorium

Revenue Impact of Retroactive Duties on U.S. Solar Imports under the 2022-2024 Tariff Moratorium

In June 2022, the Biden administration introduced a two-year tariff moratorium, temporarily suspending import duties on solar cells and panels from four key Southeast Asian exporting nations—Cambodia, Malaysia, Thailand, and Vietnam.