were imposed on Chinese producers for an initial period of five years following a lengthy investigation.
These unfair and punitive duties
will negatively affect peoples jobs on both sides of the border and will, ultimately, increase costs for American families who want to build or renovate homes.
As a counter-measure, they are allowed by the World Trade Organization (WTO) to impose punitive duties
China's complaint to the WTO was filed just days after Washington lodged a similar complaint against China, accusing it of unfairly continuing punitive duties
But when the EU slapped punitive duties
on Argentine biodiesel exports, accusing the country of "dumping" at unfairly low prices, Argentina was forced to seek alternative markets.
The World Trade Organization has ruled the United States was wrong to impose punitive duties
on a wide range of Chinese goods, in a decision that could have long-term impacts, Voice of America reported.
With Chinese companies such as Yingli Energy (China) , Wuxi Suntech Power and Changzhou Trina Solar Energy controlling 80 per cent of the EU solar-panel market, China's government threatened to retaliate by imposing punitive duties
of its own on imports from Europe of polysilicon -- a material used in solar panels.
The European Commission's anti-dumping advisory committee agreed, on 22 October, to impose definitive punitive duties
against imports of both Argentine and Indonesian biofuels, sources have confirmed.
The Commission previously said that in light of the anti-dumping accord, it would not impose punitive duties
in the anti-subsidy case but that it would continue the probe through to a solution.
The EU's proposed levying of punitive duties
on Chinese solar panels would severely impair bilateral trade ties, Ministry of Commerce spokesman Shen Danyang warned on May 16, adding that "China's preference to use dialogue and negotiations to resolve the frictions has not changed.
Chinese Premier Li Keqiang has strongly opposed the European Union's (EU) anti-dumping and anti-subsidy investigations and punitive duties
against Chinese companies making photovoltaic products and mobile telecommunications equipment.
10, 2012 (CENS)--Taiwanese solar cell makers are likely to see influx of orders shifted from Europe in the short term, for EU Commission has launched antidumping investigations on Chinese photovoltaic product suppliers in the EU bloc, and considers imposing punitive duties
of over 30% on imports from China.