US commerce officers finalised steep tariff ranges on most photo voltaic cells from Southeast Asia, a key step towards wrapping up a year-old commerce case during which American producers accused Chinese language corporations of flooding the market with unfairly low-cost items.
The case was introduced final 12 months by Korea’s Hanwha Qcells, Arizona-based First Photo voltaic Inc and several other smaller producers searching for to guard billions of {dollars} in investments in US photo voltaic manufacturing.
The petitioner group, the American Alliance for Photo voltaic Manufacturing Commerce Committee, accused huge Chinese language photo voltaic panel makers with factories in Malaysia, Cambodia, Thailand and Vietnam of transport panels priced beneath their value of manufacturing and of receiving unfair subsidies that make American items uncompetitive.
The tariffs unveiled on Monday (Apr 21) differ extensively relying on the corporate and nation, however have been broadly larger than the preliminary duties introduced late final 12 months.
Mixed dumping and countervailing duties on Jinko Photo voltaic merchandise from Malaysia have been among the many lowest at 41.56 per cent. Rival Trina Photo voltaic’s merchandise from its operations in Thailand face tariffs of 375.19 per cent.
Neither Jinko nor Trina have been instantly obtainable for remark.
Merchandise from Cambodia would face duties of greater than 3,500 per cent as a result of its producers elected to not cooperate with the US probe.
“These are very robust outcomes,” Tim Brightbill, an legal professional for the US manufacturing group, stated on a name with reporters.
“We’re assured that they are going to deal with the unfair commerce practices of the Chinese language-owned corporations in these 4 international locations, which have been injuring the US photo voltaic manufacturing business for a lot too lengthy.”
