U.S. solar companies warn that proposed tariffs would devastate new projects

The Commerce Department is poised to decide by end-September whether to launch a trade investigation into solar cells and modules from Malaysia, Vietnam and Thailand. Those countries account for 80% of all panel imports into the United States, the Solar Energy Industries Association said in a statement.

"We cannot emphasize enough how damaging these tariffs would be to our companies and the entire American solar industry," said the letter signed by nearly 200 solar companies. Last month, a group calling itself the American Solar Manufacturers Against Chinese Circumvention asked the Commerce Department to investigate unfair imports from the three countries. They accuse Chinese producers of shifting manufacturing to those nations to avoid U.S. antidumping and countervailing duties on cells and panels made in China.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

U.S. SEC warns investors of risks from certain Chinese business entitiesThe U.S. Securities and Exchange Commission (SEC) on Monday issued its latest warning to people looking to invest in Chinese companies listed in the United States. Keyword: U.S. SEC warns. Remember France just backstabbed by the U.S It will be even worse.
Source: Reuters - 🏆 2. / 97 Read more »