China expresses anger over U.S. solar tariffs

China responded harshly on Friday after American policymakers announced last week the imposition of major tariffs on solar power equipment from that country, according to The Associated Press.

Solar Power The tariffs are intended to counterbalance what some U.S. solar manufacturers have characterized as artificially deflated prices. Reuters reports that the new fees will range from 31 percent for those companies that petitioned the U.S. government to 250 percent for others.

The 31 percent tariff on some of the industry's biggest names is much smaller than what some American manufacturers had called for, but the Chinese firms argued vehemently that the duties were unwarranted.

"We will challenge with data all of those assumptions," said Trina’s chief commercial officer, Mark Kingsley. He added that the impact of these tariffs could be widespread, because, "these products, by design, are incredibly international. The vast majority of this value chain is not in China."

The Chinese government gave no indication of what, if any, action it will take in response to the tariffs, though it noted they will make cooperation on developing renewable energy more difficult.

Outlooks for the Chinese solar market can be found at PennEnergy's Research area.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs