U.S. Initiates 31% Tariffs on Solar Panels from China

U.S. trade officials have proposed 31% tariffs on solar panels imported from large producers in China, saying Chinese companies sold their products at less than fair value in the U.S. The tariffs, slated to take effect in October, would affect 61 companies in China. Smaller companies would be subject to tariffs of nearly 250%, the U.S. Department of Commerce says. An antidumping duty of about 31% is imposed on the major companies, including Wuxi Suntech Power; Luoyang Suntech Power; Suntech Power; and Wuxi Sun-Shine Power. Other producers would be subject to an...

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