15 Jul '14, 12am

U.S. tariffs on Chinese solar panels break trade rules, WTO says

U.S. tariffs on Chinese solar panels break trade rules, WTO says

When it comes to global trade in solar panels and components, the U.S. trade representative wants to have his suncake and eat it too. Even as the trade rep has been hauling India before the World Trade Organization, complaining that the country’s requirements for domestically produced solar panels violate global trade rules, the U.S. has been imposing new duties on panels imported from China and Taiwan. By some estimates , the U.S. duties could increase solar module costs in the country by 14 percent. On Monday, WTO judges who were mulling China’s complaint against the U.S. over its duties on solar panels and steel ruled in favor of — you guessed it — more world trade. Reuters reports : In the $7.2 billion Chinese case, the panel found that Washington had overstepped the mark in justifying the so-called countervailing duties it imposed as a response to alleged subsidies to...

Full article: http://grist.org/news/u-s-tariffs-on-chinese-solar-panels...

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