March 21, 2012

China calls U.S. tariffs on solar panels ‘sensible’

China‘s state media said U.S. import tariffs imposed on Chinese solar panels are “sensible” and a “result of compromise” but warned that bilateral ties are still in jeopardy because of Washington’s tougher stance on trade.

A commentary published Wednesday afternoon by the official New China News Agency was the country’s first response to the U.S. Commerce Department’s decision Tuesday to slap tariffs of between 2.9% and 4.73% on Chinese solar panels because of illegal state subsidies.

“The U.S. government’s lighter than expected tariffs on China’s solar panel imports reflects some degree of rationality, but it has to do more to keep bilateral trade ties from derailing,” the commentary said.
Click here to read more.

SPONSORED CONTENT

Ways to thank a caregiver

If you have a caregiver or know someone who has been serving as a primary caregiver, March 3rd is the day to reach out and show them how much they are valued!

China‘s state media said U.S. import tariffs imposed on Chinese solar panels are “sensible” and a “result of compromise” but warned that bilateral ties are still in jeopardy because of Washington’s tougher stance on trade.

A commentary published Wednesday afternoon by the official New China News Agency was the country’s first response to the U.S. Commerce Department’s decision Tuesday to slap tariffs of between 2.9% and 4.73% on Chinese solar panels because of illegal state subsidies.

“The U.S. government’s lighter than expected tariffs on China’s solar panel imports reflects some degree of rationality, but…

Categories:
Sign up for BizWest Daily Alerts