US Slaps Tariffs on Solar Panels from China

[KRenn]

Can you say the DEATH of SOLAR?

I doubt it, the Chinese manufacturers can shrug off a 5% tariff. With Germany flailing, the US is still going to be a key market for them and they can still undercut the domestic competition here.

[Sunking]

Can you say the DEATH of SOLAR?

[Jason]

From barely a blip in 2005, imports of solar panels from China to the U.S. have soared to $2.65 billion in 2011. U.S. manufacturers cried foul and last week the Commerce Department somewhat agreed. The tariffs imposed of 2.9 to 4.73 percent were less than expected. Both sides claimed victory. The Chinese manufacturers dodged a bullet with this first decision, but they are not out of the woods yet. The next question, which may still yet throw the solar industry into disarray, is whether the Chinese firms sell solar panels under market value to drive out competition. That decision is expected next month.

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