RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: When will they see the light? US seeks fresh China solar tariffs Tue Jun 03, 2014 10:01 pm | |
| The US has proposed higher and more extensive tariffs on Chinese solar panels.
The Department of Commerce said it plans to impose duties of between 18.56% to 35.21%. That is much higher than the tariffs announced in 2012.
The duties will be levied on solar panels and the cells used to make them. Previously they covered just the cells.
The US has said that import duties will help offset the subsidies given by China to solar panel makers.
China is the world's biggest maker of solar panels. But US manufacturers have alleged that government subsidies have helped Chinese manufacturers flood the US market with cheap goods, hurting US companies.
They have argued that higher tariffs would ensure a level playing field for all.
http://www.bbc.com/news/business-27676365#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa |
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