Wednesday, March 21, 2012
The U.S. Department of Commerce sided with SolarWorld by calling for tariffs on cheap, subsidized solar panels from China.
In a preliminary ruling, the department called for countervailing tariffs of between 2.9 percent and 4.73 percent.
The Department of Commerce will make a final determination on the tariffs in June, followed by a final ruling by the International Trade Commission in July. The formal issuance of any tariffs is scheduled for July 26.
The imposition of tariffs on Chinese manufacturers, which dominate the global market for solar panels, has become more likely as President Barack Obama has started talking tough on the topic.
Read more at Sustainable Business Oregon.