US Lobby Applauds Tax on Chinese Solar
Announcement posted by DesignBuild Source 28 May 2012
Measures on the part of United States authorities to impose steep import duties on dumped solar panels from China are sensible, an American industry lobby claims.
The Alliance for American Manufacturing (AAM) has applauded a recent decision by the US Commerce Department to impose import duties of roughly 31 per cent on Chinese-made solar cells, saying that the move represents a sound response to the overproduction and dumping of product into the US market.
“The burgeoning solar panel industry is important to US manufacturing, and deserves federal support in the face of China’s mercantilism,” the AAM says in a statement.
The decision to impose the duties followed moves on the part of several US manufacturers to file dumping charges against Chinese firms to offset alleged illegal Chinese government subsidies. It also follows previous moves by the United Steelworkers (USW) to file a section 301 trade caseagainst Chinafor alleged dumping and subsidies in the clean energy sector as well as moves on the part of 59 Senators and Members of Congress to urge President Barack Obama to investigate allegations of Chinese firms dumping subsidised solar panels in the US at below fair market value...