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Sophie Groosman

U.S. Tariffs On China Mark Escalation Of The Solar War - Business Insider - 0 views

www.businessinsider.com/ation-of-the-solar-war-2012-11

Tariff

shared by Sophie Groosman on 28 Feb 13 - No Cached
  • <A HREF="http://oascentral.businessinsider.com/RealMedia/ads/click_nx.ads/businessinsider/moneygame/post/1144275154@Top1"> <IMG SRC="http://oascentral.businessinsider.com/RealMedia/ads/adstream_nx.ads/businessinsider/moneygame/post/1144275154@Top1">> From To Email Sent! You have successfully emailed the post. U.S. Tariffs On China Show The Solar Power War Is Escalating Significantly
  • Last Monday, China accused the E.U., Italy and Greece of giving illegal subsidies to domestic solar manufacturers and has asked the WTO for ‘consultations’.
  • The U.S. International Trade Commission locked in tariffs between 24 to 36 percent on imported Chinese solar panels.
  • ...3 more annotations...
  • Coalition for American Solar Manufacturing, led by a company called SolarWorld, filed antidumping and countervailing duty cases against Chinese solar manufacturers.
  • Their accusation: China was flooding the U.S. solar market with inexpensive, heavily subsidized solar panels that American manufacturers couldn't compete with.
  • n the months after the SolarWorld case began, China launched a probe of the U.S. polysilicon industry. Then this past summer, the EU launched an antidumping investigation into solar panels and their key components originating in China.
  • Sophie Groosman on 28 Feb 13
     
    China has accused Italy, Greece and the EU for supposedly illegally subsidizing domestic solar manufactururs (suspected that due to a decline in Italian imports of Chinese Solar panels.)  The US international Trade Commision then made a locked tariff of 24-36% on imported solar panels from China.  A year ago the Coalition of american Solar Manufacturers filed antidumping cases against China, saying they were flooding the US market with inexpensive and heavily subsidized solar panels that the US couldnt compete with.  The US fears that China is dumping because it means their domestic producers are not able to compete in the market for solar panels. Therefore this high tariff of 24-36% has been imposed to promote consumption of domestic solar panels. 
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