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SolarWorld Wins Steep Tariffs on Chinese Solar Products

Posted on June 15, 2012 | Leave a comment

SolarWorld blazed toward victory in its trade fight Thursday as the U.S. government announced plans to slap tariffs ranging from 31 percent to 250 percent on Chinese solar panels and cells.

But managers of the solar company, aiming to preserve jobs that include 1,000 in Hillsboro, hinted that the duties aren’t high enough to help U.S. manufacturers prosper. They hope the U.S. Commerce Department will soon announce additional tariffs, even as China appears set to retaliate as soon as next week.

U.S. solar stocks jumped Thursday on news that the Commerce Department would impose 31 percent tariffs on exports by companies including SolarWorld’s two largest Chinese competitors, Trina Solar Ltd. and Suntech Power Holdings Co.

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Solar Panels from China Could Face Tariffs

Posted on March 24, 2012 | Leave a comment

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.

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Tag Archives: tariffs

SolarWorld Wins Steep Tariffs on Chinese Solar Products

Solar Panels from China Could Face Tariffs

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