Commerce Puts Hefty Tariffs on Chinese Solar Imports

There’s no shortage of opinions on the Commerce Department’s decision to impose tariffs on imports of Chinese solar panels into the US. The Department ruled that Chinese solar manufacturers did indeed flood the US with panels at prices below production costs, making it hard for US manufacturers to compete. It set hefty tariffs of 31-250% on Chinese solar imports of 31.2% for Suntech, Trina Solar, Yingli Green and 59 other companies that agreed to be investigated. All other companies have tariffs of a whopping 250%. The tariffs are much higher than the anticipated 10-12%. In light of the massive surge of imports ahead of the determination, the duties apply retroactively for 90 days. But that could change when the Department issues a final rulling in October. And the tariffs apply solely to crystalline silicon photovoltaic cells, not the final solar panels if they are made with cells from another country. In March, Commerce ruled "Because China is unfairly subsidizing solar production" tariffs will be set at 2.90%-4.73%. Rates vary depending on the subsidies the company receives from China’s government. The two tariffs combined could raise the price by about $1.10 per watt, 17% higher than the current spot price of […]

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