US imposes anti-subsidy duty on Chinese photovoltaic products
21 March 2012 03:35 [Source: ICIS news]
SINGAPORE (ICIS)--The US Department of Commerce has imposed an initial anti-subsidy duty on photovoltaic (PV) products imported from ?xml:namespace>China, a source close to the China Silicon Industry Association said on Wednesday.
The anti-subsidy duty of 2.9%-4.73% announced on 20 March is much lower than expectation of most American solar panel producers, the source added.
The US decided to levy anti-subsidy duty of 2.9% on Suntech, 4.73% on Trina Solar, and 3.59% on other Chinese PV producers.
Meanwhile, the US government will publish anti-dumping verdict on imported Chinese PV products, mainly solar panels in May, according to previous report from ICIS.
The Department of Commerce said on 9 November 2011 that it will begin anti-dumping investigations on Chinese solar cells.
The US imported PV cell and panes worth total value of $2.8bn (€2.19bn) from China in 2011, according to statistics from an industry source.
($1 = €0.76)By: Dolly Wu+65 6780 4359
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