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US-China PV "double-reverse" final ruling released this week
The US Department of Commerce has initially decided to impose a 35% tariff on most Chinese solar panels, and the final decision will be on October 10. This will also set the tone for the final vote of the US International Trade Commission in early November. In accordance with established practice, the US International Trade Commission has rarely rejected the tax decision in the past; if the International Trade Commission is to change its judgment, at least four members will change the vote cast last year. Six members of the International Trade Commission unanimously passed the US solar energy industry's substantial damage to Chinese imports last year. It is reported that in the trial of the case, the US International Trade Commission will examine whether the US solar manufacturers are substantially harmed or threatened by substantial damage. Tim Brett, the principal attorney representing SolarWorldAmericas, the US solar giant, and other US solar operators, complained in an interview that more than 13 companies have closed down, went bankrupt or severely laid off. The US Department of Commerce issued a press release on March 20th, announcing that it is necessary to pay a balance tax of 2.90%-4.73% for silicon solar cells and modules imported from China. In addition, according to the preliminary ruling on the anti-dumping investigation of China's solar cell products announced by the Ministry of Commerce on May 17, the tax rate of Wuxi Suntech Solar Co., Ltd. was determined to be 31.22%, and the tax rate of Changzhou Trina Solar was 31.14%. The tax rate for responding companies also exceeds 30%. Since the beginning of this year, China's photovoltaic industry has suffered from three sides. In addition to the United States, the European Commission launched an anti-dumping investigation on Chinese photovoltaic cells on September 6. This is by far the largest trade lawsuit against China, involving more than 20 billion US dollars, equivalent to nearly 130 billion yuan. The Indian Anti-Dumping Authority also recently announced that it had received an application from the company on September 12 for anti-dumping investigations on solar modules or parts that originated in China.