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U.S. sets steep final duties on Chinese solar panels
The United States on Wednesday set steep final duties on billions of dollars of solar energy products from China, but turned down a request from lawmakers and U.S. manufacturers to expand the scope of its order.
Chinese solar manufacturers criticized the decision, adding more heat to the U.S.-China trade relationship following a congressional panel report on Monday urging American companies not to do business with two Chinese telecommunications companies because of security concerns.
"Unilateral trade barriers will not make any one company more competitive, but will make solar less competitive against other forms of electricity generation," said E.L. "Mick" McDaniel, managing director of Suntech America, a division of one of China's biggest solar manufacturers.
...snip...
MASSIVE OVERSUPPLY - The United States also has slapped preliminary duties on wind turbine towers from China and is expected to launch a new probe next week into charges that imports of Chinese hardwood plywood are unfairly priced and subsidized.
http://www.reuters.com/article/2012/10/10/usa-china-solar-idUSL1E8LAL5Q20121010
Chinese solar manufacturers criticized the decision, adding more heat to the U.S.-China trade relationship following a congressional panel report on Monday urging American companies not to do business with two Chinese telecommunications companies because of security concerns.
"Unilateral trade barriers will not make any one company more competitive, but will make solar less competitive against other forms of electricity generation," said E.L. "Mick" McDaniel, managing director of Suntech America, a division of one of China's biggest solar manufacturers.
...snip...
MASSIVE OVERSUPPLY - The United States also has slapped preliminary duties on wind turbine towers from China and is expected to launch a new probe next week into charges that imports of Chinese hardwood plywood are unfairly priced and subsidized.
http://www.reuters.com/article/2012/10/10/usa-china-solar-idUSL1E8LAL5Q20121010
