China Ministry: US Tariffs On China Solar Panels Hurt US, China Interests

China Ministry: US Tariffs On China Solar Panels Hurt US, China Interests
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Τετ, 21 Μαρτίου 2012 - 17:42
China's Ministry of Commerce said Wednesday that the U.S. move to impose tariffs on imports of Chinese-made solar panels harms the interests of both nations.
China 's Ministry of Commerce said Wednesday that the U.S. move to impose tariffs on imports of Chinese-made solar panels harms the interests of both nations.

In a statement, the ministry urged the
U.S. to take a "long-term, cooperative" stance and to "cautiously handle trade frictions in solar panels and other new energy fields."

On Tuesday,
U.S. trade officials slapped modest tariffs on imports of Chinese solar panels, giving a partial victory to solar-equipment manufacturers in the U.S. but stopping short of harsher duties.

Responding to a complaint by the
U.S. unit of Germany 's SolarWorld AG and six other firms who complained about competition from Chinese rivals, the Commerce Department announced preliminary duties of between 2.9% and 4.73% on Chinese solar cells and solar panels.

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