US slaps tariffs on some big solar companies for dodging China duties

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

By Nichola Groom (Reuters) - The United States on Friday will finalize a decision to impose import duties on solar panel makers who finished their ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Nichola Groom

The decision, which largely mirrors a preliminary finding the agency made in December, was opposed by buyers of solar panels that rely on cheap products made overseas to make their projects competitive. The Commerce probe found that units of Chinese companies BYD, Trina Solar, Longi Green Energy and Canadian Solar were dodging U.S. tariffs on Chinese solar cells and panels by conducting minor processing to finish their products in Cambodia, Malaysia, Thailand and Vietnam before shipping them to the U.S. market.The agency will also impose duties on New East Solar because it refused to cooperate with an on-site audit of its operations in Cambodia, the official said.

The U.S. has had anti-dumping duties in place for a decade on Chinese-made solar products after a Commerce probe found Chinese companies were receiving unfair government subsidies that kept their prices artificially low.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. to impose tariffs on some big solar companies for dodging China dutiesThe decision was opposed by buyers of solar panels that rely on cheap products made overseas to make their projects competitive
Source: globeandmail - 🏆 5. / 92 Read more »