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Economics & Trade Law & Regulation

US slaps Chinese solar producers with new tariffs

The US Commerce department on Tuesday levied new import duties on solar panels from China after ruling they were produced using Chinese government subsidies, Reuters reported. The US arm of German solar manufacturer SolarWorld filed a petition complaining that Chinese manufacturers are sidestepping duties imposed in 2012 by shifting production of the cells used to make their panels to Taiwan and continuing to flood the US market with cheap products. The new complaint seeks to close that loophole by extending import duties to also cover panels made with parts from Taiwan. The US accounted for about 10% of Chinese solar shipments last year.

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