Punitive duties 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 on U.
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.
