Newsfilter article unlocker

Enter Newsfilter article ID in the field below.
Example: https://newsfilter.io/articles/39be1bef03e66cdc886c08a2a6319c47

Retrieved article

The U.S. Commerce Department on Thursday announced preliminary antidumping duties on solar cells and panels imported ​from India, Indonesia and Laos, the latest in a ‌string of tariffs imposed over a decade on solar imports from Asia.

With the decision, federal trade officials sided with domestic solar factory owners in ​finding that companies operating in the three countries dumped ​cheap goods in the U.S. market, undercutting American factories.

According ⁠to a fact sheet posted on the Commerce Department's website, ​the agency calculated preliminary duty rates, known as dumping margins, of ​123.04% for imports from India, 35.17% for imports from Indonesia, and 22.46% for imports from Laos.

The three nations last year accounted for $4.5 billion in ​U.S. solar imports, about two-thirds of the total, according to ​government trade data.

The decision is a blow to producers in those nations ‌who ⁠were supplying goods to the fast-growing U.S. market.

The Alliance for American Solar Manufacturing and Trade, which filed the petition, includes Tempe, Arizona-based First Solar (FSLR.O), Qcells, the solar division of Korea's Hanwha (000880.KS), ​and private companies ​Talon PV and ⁠Mission Solar.

The group has succeeded previously in winning tariffs on imports from countries in Southeast ​Asia including Malaysia, Cambodia, Vietnam and Thailand.

The ​Commerce ⁠Department said it would announce a final decision on or around July 13 for solar cells from India and Indonesia, and a ⁠decision ​for imports from Laos on or around ​September 9.

The agency also announced preliminary countervailing duties on the three countries in ​February.


...