Eu Imposes Tariffs On Chinese Solar Panels

By tim king and andrew gardner.

Eu imposes tariffs on chinese solar panels.

Updated 4 13 14 1 18 am cet. 6 4 13 8 41 am cet. 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. De gucht says tariffs will rise to more than 47 after two months.

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. 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 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. Eu to impose tariffs on chinese solar panels.