The news that the USA government is going to increase solar tariffs on Chinese cells was greeted by apprehension by the
Local manufacturers were delighted by the decision because they had been literally driven out of the industry by the foreign competition. This could not come at a better time given the fact that the US unemployment rate continues to hover at about 8.1% with serious problems in the manufacturing sector. In an Election Year, the decision was virtually inevitable. ?
The critics are worried about the energy industry ?
There was a vocal contingent against the move. These naysayers argue that the tariffs may have the effect of increasing the price of johnny jersey these cells and actually hurting the renewable energy industry in the USA. Nevertheless the US Commerce Department was of the view that Chinese manufacturers were abusing the rules by selling cells at a price that was below the costs of production. ?
Antidumping duties are a johnny jersey very powerful tool when dealing with a strong manufacturing country such as China. The new duties will range from 31% to 250%. As expected the Chinese government was critical of the decision, claiming that it would hurt both nations. The reality is that the USA government can no longer allow China to destroy the local manufacturing base through blatant dumping. ?
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