us solar firm launches trade action against china
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

US solar firm launches trade action against China

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today US solar firm launches trade action against China

Washington - AFP

In a new show of anger at China's trade practices, a major US maker of solar cells and panels announced Wednesday it was filing a formal complaint targeting Beijing. The action by SolarWorld Industries America, a subsidiary of Germany-based SolarWorld AG, came as US lawmakers who blame China's rise for lost American jobs have stepped up calls for Washington to confront Beijing. The firm's president, Gordon Brinser, accused China of having "illegally subsidized" solar cells and panels, dumping them onto the US market "at artificially low prices" that threaten to "decimate" US competitors. "China has a plan for a our market: To gut it, and own it," Brinser said at a news conference in a US Senate office building. SolarWorld, which calls itself the largest US solar manufacturer, said it filed an administrative complaint asking the US government to investigate and to impose retaliatory duties on imports of certain Chinese solar cells and panels. It filed petitions with the US Department of Commerce and the International Trade Commission seeking punitive duties slapped on Chinese exports of competing products. The company had previously accused China of improperly subsidizing its solar sector as part of a no-holds-barred commercial battle for supremacy over an industry experts estimate to be worth trillions of dollars in the future. The move was sure to draw an angry response from China, where officials have condemned recent US Congress assaults on Beijing's trade practices as an effort to distract from lawmakers' incompetence in fixing the battered US economy. Beijing last year provided more than $30 billion in help to its largest solar manufacturers, roughly 20 times more than Washington's investment over the same time period, a top US Energy Department official told lawmakers last month. "This is just what they have announced. China has undoubtedly extended support well beyond what they have disclosed publicly," Jonathan Silver, head of the department's loan programs office, testified to a House committee. "No country has been as aggressive as China," he said, noting that "the race for solar manufacturing jobs is a race worth winning. Over the next four decades, this is a global market estimated to be worth trillions of dollars." SolarWorld said it was acting on behalf of a six others in a newly formed "Coalition for American Solar Manufacturing" that accounts for a large enough portion of US solar cell and panel production to meet the legal threshold to pursue trade action against China. The coalition says on its web site that illegal Chinese subsidies have cost the US solar sector thousands of jobs and forced at least seven companies to close or pare down their operations in the past 18 months. But the site does not disclose its members.  

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us solar firm launches trade action against china us solar firm launches trade action against china

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us solar firm launches trade action against china us solar firm launches trade action against china

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more

GMT 07:51 2017 Tuesday ,03 January

Police question Netanyahu

GMT 16:41 2012 Friday ,17 February

FAB 1

GMT 17:24 2011 Friday ,11 November

Ferrari GT Finally Caught Testing

GMT 15:20 2013 Friday ,20 September

Chinese visitors to London double in 3 years

GMT 16:04 2016 Saturday ,17 December

Drone attack kills 16 Daesh fighters in east Afghanistan

GMT 10:20 2013 Friday ,18 October

Philippine earthquake death toll at 171

GMT 22:22 2016 Wednesday ,23 March

Most Saudis think morals have fallen

GMT 10:27 2016 Monday ,26 December

Poor Memories Of China's Minority Groups

GMT 23:04 2014 Wednesday ,26 February

US new home sales hit 5-and-a-half year high in January

GMT 07:26 2017 Friday ,24 November

Several Houthi Leaders, Dozens of Insurgents Killed

GMT 11:14 2016 Friday ,25 March

AUS celebrates Global Day festival

GMT 10:25 2016 Tuesday ,06 September

Hanjin to spend $90mn
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday