Reuters: US trade panel’s vote paves way for stiff tariffs on many solar imports

US trade panel’s vote paves way for stiff tariffs on many solar imports
 
By Nichola Groom
 
(Reuters) -The U.S. International Trade Commission determined on Tuesday that domestic solar panel makers were materially harmed or threatened by a flood of cheap imports from four Southeast Asian nations, bringing the United States a step closer to imposing stiff duties on those goods.

The “yes” vote by the three-member ITC means the Commerce Department will issue orders to enforce countervailing and anti-dumping tariffs on solar products imported from Malaysia, Thailand, Cambodia and Vietnam that the agency finalized last month.

The vote resolves a year-old trade case in which American manufacturers accused Chinese companies of flooding the market with unfairly cheap goods from factories in Southeast Asia. Since that time, President Donald Trump has pursued a broad strategy to impose tariffs on imported products to protect manufacturers of U.S.-made goods.

VIEW THE FULL ARTICLE WHERE IT FIRST APPEARED AT YAHOO FINANCE

American Alliance for Solar Manufacturing Trade Committee

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