Chinese solar panels will be restricted by the U.S. tariffs

Chinese solar panels will be restricted by the U.S. tariffs Date Published: 14th May 2010
var addthis_pub=”articlealley”;var addthis_config = { data_track_clickback: true } Author: cocoo RSS Views: N/A PRINT ASK ABOUT THIS ARTICLE

Recent news that China exports to the United States by the U.S. solar panels will reach 70 million U.S. dollars the maximum tariff “special care.”
The United States will implement this tariff bill, a time when the United States the occasion of solar cell industry malaise. The implementation of this bill would likely not only hurt foreign producers of solar panels, but will have solar panels and outside the United States dealers have a significant impact. Even more serious consequence is that whether this will further aggravate the already tense Sino-US trade disputes.
December 1 last year, the Spanish energy company in the United States branch GESUSA to U.S. Customs officials sent a letter, the letter asked the company if you want to import solar panels from China, the U.S. will impose what duties. Unexpectedly, a ripple, the situation has developed to the United States will impose a special tariff level.

January 9 this year, the U.S. Customs department responded to the letter, said the solar panels from China can not implement duty-free system. On the contrary, due to the battery plate contains security and energy-related electronic components, will be regarded as generators to charge 2.5% import tariff. 2.5% of the tariffs levied on imports of U.S. tariffs on the implementation of the normal standard, than the United States intended to restrict imports of a product is much lower punitive tariffs. For example, three weeks ago, the Chinese tires safeguard, the United States on imported tires from China to levy tariffs as high as 35%.
However, the implementation of the tariff during the global solar cell industry doldrums. By the continued expansion of China’s solar industry and the global solar panels double impact of falling prices, a lot of solar panels produced a steady decline in corporate profits. As excess capacity, prices are way to raise tariffs to make up for losses caused by the price received by consumers is difficult, but since January this year the price of solar panels has gone through 5 decreased.

According to the U.S. Department of Commerce statistics show that in the first 7 months, the U.S. import and export of solar panels is roughly equal to the total, of which 605 million U.S. dollars of imports and exports 555 million U.S. dollars.
By the United States and abroad to form the U.S. solar energy company Solar Energy Industries Association maintains that the U.S. government imposed special tariffs on solar panels will lead other countries to imports from the United States impose higher tariffs on similar products.
The U.S. Customs department decided to importers into the U.S. solar industry and in the United States and solar equipment manufacturers in two parts. With China accounting for the increasing share of U.S. imports, the tariff will become the United States following the tire, automotive and chicken after a root cause of tension between the point of bilateral trade.
American Solar Energy Industry Association, Ron? Rice Chi (RhoneResch that some Chinese solar panel manufacturers are planning to move to the final assembly line in the United States, so one day to avoid the potential risk of additional duties.
The tariff will be widely applicable for the residential, commercial and industrial electronic systems to provide power and energy, solar panels, and built a small solar panel light bulb has been lighting equipment as a 3.9% levy tariffs.
U.S. criticism of the legal profession is not the early detection of solar panel industry, the import tariffs. U.S. Customs and International Trade Bar Association, also a former chairman of Dewey & Leboeuf in Washington MelSchwechter partners, said: “For an industry, the use of 8 months of time to realize that a tariff serious consequences arising from it is that some irregularities . “
Once the U.S. Customs department awards each company as “false or false” solar panels imported materials, which led the early detection of solar panels have not already should be included in the non-tax provisions, importers are likely to bear over the past 5 years Solar panels are to avoid the import tariffs on liability.
Chi Rice said the association plans to put solar panels on the court classified the list generator to question.

I am a professional editor from Machining Parts, we provide Sheet Metal cabinet, Turned parts… welcome to visit!

Leave a Reply

CommentLuv badge