Eu Imposes Tariffs On Chinese Solar Panels

After a nine month investigation eu regulators found that the chinese companies have been selling solar panels cells and wafers to european customers at prices far below market value.

Eu imposes tariffs on chinese solar panels.

Updated 4 13 14 1 18 am cet. Cn with chinese companies dumping solar panels on the eu at prices 88 percent lower than market value the european commission said it must impose tariffs. The tariffs which china had said could ignite a trade war are being phased in to avoid disrupting the very large market for solar panels in the european union the commission said. The eu first imposed anti dumping and anti subsidy measures for chinese solar panels wafers and cells in 2013 and extended them by 18 months in march last year signaling that they should then end.

De gucht says tariffs will rise to more than 47 after two months. Solar industry says eu tariffs on chinese imports will raise panel prices europe s solar industry has condemned an eu vote to impose another round of duties on chinese imports just weeks before. By tim king and andrew gardner. The european union has moved to limit chinese imports via tariffs on products from bicycles to solar panels in some cases prompting beijing to retaliate with its own anti dumping duties.