Follow us

Contributed By:

U.S. Imposes Tariffs on China

OPB | March 22, 2012 9:06 a.m. | Updated: Sept. 10, 2013 11:21 p.m.

The U.S. Department of Commerce announced this week that it will impose tariffs on Chinese-made solar panels and cells. The Hillsboro-based branch of German energy company SolarWorld had been pushing for these tarrifs for months.

SolarWorld says that Chinese companies are illegally subsidizing solar products and “dumping” them at below market value in the U.S., making it difficult for non-Chinese companies to compete.

Analysts say the tariffs are unlikely to have too great of an economic effect, but they could escalate tensions between the U.S. and China. The tariffs range between 2.9 and 4.73 percent. Given that Chinese solar products are around ten percent cheaper than items made elsewhere, the Chinese products are still expected to have an market advantage.

The Commerce Department is expected to decide whether to impose further tariffs on Chinese solar products in May.

GUEST:

Comments

blog comments powered by Disqus
Thanks to our Sponsors:
become a sponsor

Related

Thanks to our Sponsors
become a sponsor

Funding Provided By

Rose E. Tucker Charitable Trust

James F. and Marion L. Miller Foundation

Dawn and Al Vermeulen

Ray and Marilyn Johnson