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So long cheap solar panels
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K
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19 May ’12 - 3:38 pm
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we hardly knew you

In a long-awaited decision, the U.S. Department of Commerce has issued a preliminary decision to apply tariffs to Chinese-made solar modules being imported into the U.S. The tariffs range from 31 percent to 250 percent.

The preliminary tariffs were issued after a lengthy investigation by the Commerce Department into whether Chinese companies are “dumping” solar panels into the U.S. market below cost. These tariffs follow a March decision to issue small countervailing duties on Chinese module producers that are getting illegal domestic subsidies, according to the Commerce Department.

Today’s issued tariffs are as follows: Trina, 31.14 percent; Suntech, 31.22 percent; and 31.18 percent for all other Chinese producers that participated in the investigation. For companies that did not participate, Commerce has slapped a massive preliminary tariff of 249.96 percent.

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gusto
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20 May ’12 - 8:35 pm
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financial times says this may not hurt consumer because of the specifics of tariff

http://www.ft.com/in.....z1vSZQKYex

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