The U.S. Commerce Department plans to slap import tariffs on Chinese-made solar cells in a trade dispute that has strained relations between the two countries and divided the American solar power industry.
The tariffs, proposed Tuesday, follow complaints that the Chinese government has given its solar companies an unfair advantage in the international race to dominate the industry, supplying low-cost loans and land for new factories.
Those factories have swamped the global market with cheap solar cells, slashing the price by 60 percent last year and driving competitors out of business. Three U.S. solar companies, including Fremont’s Solyndra, plunged into bankruptcy in 2011.
Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/03/20/BU0F1NNPDF.DTL#ixzz1plWkMPPY
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