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US trade commission finds harm from China solar panels



Published: Wed, November 7, 2012 @ 2:21 p.m.

WASHINGTON (AP) — A federal trade panel found China responsible today for harming the U.S. solar-panel industry, clearing the final hurdle for U.S. attempts to impose steep tariffs on Chinese solar companies.

The U.S. International Trade Commission voted unanimously that Chinese companies have materially injured U.S. manufacturers, affirming its 2011 vote that launched a yearlong inquiry into low-cost Chinese products that U.S manufacturers blame for putting them on the brink of collapse.

Chinese companies that export billions of dollars of solar products to the U.S. each year will face tariffs of up to nearly 250 percent. The Obama administration imposed those tariffs in October after finding that China's government is subsidizing companies that are flooding the U.S. market with low-cost products — a tactic known as "dumping." Today's vote means that those tariffs, along with anti-subsidy fees of up to 16 percent, will stand.

The stiff penalties affirmed today will be good for five years. The U.S. government will then re-evaluate whether the tariffs are still necessary and at what levels.


Comments

1NilesOhio(703 comments)posted 1 year, 9 months ago

They'll delay it until these companies then go out of business. It's the American way.

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2Ianacek(899 comments)posted 1 year, 9 months ago

So American consumers will now pay 3.5 times as much for solar panels .

I see why this report came out the day AFTER the election .

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3IslandMike(752 comments)posted 1 year, 9 months ago

^^^^^^^^^^^
Cry, cry, cry. Bwahahahahahahahahahahahahahahah

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4uselesseater(229 comments)posted 1 year, 9 months ago

What's to cry about IslandMike?

Tariffs level the playing field. Anyone in the industry has known China's dumped sovereign goods were unfair.

As a benefit of the tariff the cheap panels and dropping prices will evaporate. We'll be back to $3-$4 a watt.

Know who that harms? Anyone trying to unplug. The Democratic Whitehouse and their anti-energy policies.

Don't kid yourself, the only way to get consumption of such technologies is by lower prices. It's not like the middle men in sales and marketing are going to lower how much they milk out of sales. So it has to come from labor.

Hard to beat forced and slave labor for cost.

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5georgejeanie(787 comments)posted 1 year, 9 months ago

I think the American public will accept higher prices if it puts Americans back to work. I believe the Chinese are not just subsidizing solar panels, but probably are subsidizing many more products. It keeps the masses under control in China, and the American people still have it too good to cause civil unrest. So if we put our own people back to work, stop this welfare state ,taxes that these new workers pay may get this budget deficit under control, We as a country will live happily ever after.

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6uselesseater(229 comments)posted 1 year, 9 months ago

We can only home @georgejeanie.

Problem is, in solar, prices still are too high to compete with fossil fuels. So increased prices mean the market will grind to a halt.

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