31 May '12, 4pm

DOC Imposes Tariffs on Chinese Wind Towers | Alternative Energy

DOC Imposes Tariffs on Chinese Wind Towers | Alternative Energy

Wind Tower photo : Samdogs via PhotoRee The United States Department of Commerce has once again ruled in favor of American companies who say Chinese manufacturers are receiving unfair government subsidies. American wind tower manufacturers filed a trade complaint in December against Chinese companies, and on Wednesday the DOC made its preliminary determination on countervailing duties. According to Wiley Rein , the lead counsel for the group that filed the petition, commerce found that mandatory respondents, Titan Wind Energy and CS Wind China, received countervailing subsidies from the Chinese government at rates of 26 percent and 13.74 percent, respectively. The agency also ruled that the duty against imports of all other Chinese utility-scale wind towers is 19.87 percent. The DOC is scheduled to make a separate preliminary determination on its anti-dumping investigation...

Full article: http://www.altenergystocks.com/archives/2012/05/doc_impos...

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DOC Imposes Tariffs on Chinese Wind Towers

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