21 Jan '15, 5pm

Solar Trade Case Update: US Triggers Penalties on China, Taiwan Solar Panels

Solar Trade Case Update: US Triggers Penalties on China, Taiwan Solar Panels

WASHINGTON, D.C. -- Solar panels imported from China and Taiwan are harming U.S. manufacturers, an independent trade panel ruled in a decision that will trigger punishing tariffs on the renewable-energy goods. The decision by the U.S. International Trade Commission Wednesday is the final step for imposing dumping and anti- subsidy duties on the products. The case is a high profile dispute between the economic powerhouses, as imports to the U.S. totaled more than $2 billion and both nations seek to develop cleaner energy. SolarWorld AG, a Bonn-based company with a factory in Oregon, persuaded the Commerce Department in 2012 to apply tariffs on solar cells from China. After the tariffs kicked in, imports of panels with cells made in Taiwan boomed, and SolarWorld a year ago said Chinese makers had shifted production to skirt the tariffs. They filed a new case seeking tariffs ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2015...

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