Saturday, May 19, 2012

Asia Report: Solar Dumping Announcement Set for May 17

Seven months after a trade investigation was launched, American solar companies and Chinese solar manufacturers will finally get a clear picture of the challenges ahead.

SolarWorld’s American operation led the filing of the complaint in October, making the case that Chinese manufacturers were getting an unfair level of subsidies from their government and they were then illegally dumping those products into the American market. The first phase of the ruling came down in March, and in that the Department of Commerce found an illegal level of subsidies. However, it preliminarily set the tariffs at between 2.9 and 4.73 percent.

A determination on the second of the two tariffs is set to be made on May 16 and announced on May 17. The history of international trade disputes suggests that the anti-dumping tariff, if one is set, is generally higher than the countervailing duty that measures the level of subsidies.

Read More... THQ

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