U.S. imposes more than 31 percent tariff on Chinese solar panels

In an effort to curb dumping, the U.S. Commerce Department announced yesterday that tariffs of more than 31 percent will be imposed on Chinese solar panels, The New York Times reports. While solar panel manufacturers in the United States argue that the move was necessary to prevent China from intentionally overwhelming the industry, solar panel installation companies say the new tariffs will hurt their companies by driving up the price of solar panels, the article said (See the May 15, 2012, blog – "Tariffs on Chinese solar cells could cost the U.S. jobs"). For more, read the full story here.

Manufacturing, Logistics & Transp., Solar