Chemical Week Magazine :: Business & Finance :: United States/Americas
U.S. Proposes Tariffs on Solar Panels from China
11:40 AM MDT | June 1, 2012 | —Lindsay Frost
U.S. trade officials have proposed 31% tariffs on solar panels imported from large producers in China, and say that 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. The major firms include Wuxi Suntech Power, Luoyang Suntech Power, Suntech Power, and Wuxi Sun-Shine Power. Smaller Chinese companies would be subject to tariffs of almost 250%, the U.S. Department of Commerce says. The tariffs were announced after complaints from six U.S. firms, including the...
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