03 Jan '12, 5pm

Asia-US Trade Dispute Over Wind Towers?: The U.S.-based Wind Tower Trade Coalition (WTTC) wants the U.S. Depar...

Asia-US Trade Dispute Over Wind Towers?: The U.S.-based Wind Tower Trade Coalition (WTTC) wants the U.S. Depar...

The U.S.-based Wind Tower Trade Coalition (WTTC) wants the U.S. Department of Commerce (DOC) and the International Trade Commission (ITC) to investigate Chinese and Vietnamese tower makers. A petition charges that those countries’ government subsidies allow them to sell towers to U.S. wind manufacturers at below-market prices. "The Chinese and Vietnamese industries are using unfair pricing practices to capture critical sales from the U.S. industry,” Alan H. Price of WTTC counsel Wiley Rein LLP said in a statement. The petitions request anti-dumping and countervailing duty investigations and charge “dumping margins of 64.37 percent for China and 59.11 percent for Vietnam,” according to a Wiley Rein statement. Wiley Rein’s petition defines dumping as “when a foreign company sells a product in the United States at less than fair value.” A countervailing duty investigation loo...

Full article: http://www.greentechmedia.com/articles/read/Asia-U.S.-Tra...

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