Tuesday, July 09, 2013

EU announces tariffs on Chinese solar panels



The EU has said it will impose levies on Chinese solar panels, despite German opposition to the course of action. Brussels has complained that China is dumping subsidized products on the European market.

The European Commission on Tuesday said it would begin to apply a provisional staggered system of duties on Chinese solar imports, in anticipation of possible talks with Beijing.

EU Trade Commissioner Karel De Gucht said that an average levy of 11.8 percent would be applied from June 6, with the levy rising to 47.6 percent on August 6, unless a solution could be agreed.

See full Article: http://www.dw.de/eu-announces-tariffs-on-chinese-solar-panels/a-16858304