Trade Resources Industry Trends US Announced on May 17 The Preliminary Decision on Anti-Dumping Investigations

US Announced on May 17 The Preliminary Decision on Anti-Dumping Investigations

US Department of Commerce announced on May 17 the preliminary decision on anti-dumping investigations. The range of punitive tariffs to be imposed on China-based solar firms is from 31-250%, depending on the firm.

The Department of Commerce ruled that tariffs will be imposed on China-based solar firms that sold solar cells below production costs in the US. This move is seen to protect US domestic solar firms.

Large-size tier-one solar firms in China such as Suntech, Yingli Solar, and Trina Solar have been told to pay duties around 31%, while some other China-based solar firms will have to pay an astonishing rate of 249.96%, according to US media.

Speculation has been spreading among China's solar players that their government is also looking to counteract with an anti-dumping probe against US and South Korea solar polysilicon firms.

Many US solar firms collapsed last year, which has been heaping pressure on the US government to step up protection of the local industry.

US Levies Heavy Anti-Dumping Tariffs on China-Made Solar Cells

US government levies hefty duties on China-made solar cellsPhoto: Digitimes file photo

 

Source: http://www.digitimes.com/news/a20120518VL200.html
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US Levies Heavy Anti-Dumping Tariffs on China-Made Solar Cells
Topics: Metallurgy