​Mexico blasts 😠 Trump's solar panel tariff 💰​

​Mexico blasts 😠 Trump's solar panel tariff 💰​

President Donald Trump's decision on Monday to impose stiff tariffs on imported solar panels and washing machines has stirred concerns around the world, including North America. Mexico says it regrets the U.S. decision not to exclude it from these new tariffs.

And it's vowing to take action to halt Mr. Trump's latest salvo on global trade. It says it will "use all available legal resources in response to the U.S. decision." It says its inclusion in the application of protections is "regrettable" given the U.S. International Trade Commission determined no damage exists to U.S. industry as a consequence of imports of Mexican washing machines.

President Trump said approving the tariffs will help U.S. manufacturers. The Republican casts Monday's decision as part of his pledge to put American companies and jobs first.

His administration is imposing an immediate tariff of 30 percent on most imported solar modules, with the rate declining before phasing out after four years. For large residential washing machines, tariffs will start at up to 50 percent and phase out after three years.