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

Select your Republic Services residential cart now!

In preparation for Republic Services becoming the primary provider of residential recycling, yard trimmings, and trash, residents should now select the best cart size and service schedule for their household needs.

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