US increases tariffs rates on solar panels imports from China and Taiwan

The anti-dumping duty rates of 52.13% and anti-subsidy rates of 38.72% on the Chinese solar PV panel imports have been imposed by the DOC.

However, the anti-dumping rates imposed on Taiwan are lesser when compared to China with 19.50%.

The US International Trade Commission (ITC) is due to take a further decision on the ruling at the end of January 2015.

SolarWorld US president Mukesh Dulani said: "These remedies come just in time to enable the domestic industry to return to conditions of fair trade.

"The tariffs and scope set the stage for companies to create new jobs and build or expand factories on U.S. soil."

The duties will be effective from 01 February if the US International Trade Commission (ITC) confirm that the Chinese and Taiwanese trade practices injured domestic manufacturers.

Yingli Green Energy Americas managing director Robert Petrina said: "We are deeply disappointed in the U.S. Department of Commerce’s decision to accept such a broadly defined scope for this ruling, and to levy harsh, protectionist tariffs.

"It’s well known that our customers, partners, and other stakeholders represent the majority of the solar industry and U.S. jobs. We will continue our vigorous defense on their behalf with the hope that national efforts to increase solar power’s cost-competiveness are

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