us solar firm launches trade action against china
Tuesday 14 January 2025
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

US solar firm launches trade action against China

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleUS 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.  

themuslimchronicle
themuslimchronicle

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

 



Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

GMT 11:11 2017 Tuesday ,12 December

Jordan referred to UN for not detaining Sudan leader

GMT 18:07 2017 Wednesday ,04 October

Nadal dodges upset ax in Beijing

GMT 11:39 2017 Monday ,04 December

Houthi tanks storm Sana'a streets to raise chaose

GMT 15:16 2017 Thursday ,14 December

EU agrees increases in fishing quotas

GMT 08:14 2017 Tuesday ,14 March

Damages pristine Indonesian coral reef

GMT 13:14 2011 Friday ,16 December

Dell says goodbye to Netbooks

GMT 22:18 2012 Monday ,09 January

Players

GMT 20:34 2011 Thursday ,25 August

Gods Without Men

GMT 12:46 2017 Friday ,31 March

National Skills Contest concludes

GMT 18:26 2011 Monday ,25 April

North Korea visit to focus on food crisis

GMT 14:49 2014 Saturday ,11 October

Meetings with IMF going on normally

GMT 21:39 2014 Friday ,03 October

Intensified campaigns launched to control markets

GMT 09:08 2017 Thursday ,19 October

California fire toll rises to 42
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle