Wednesday, May 9, 2012

Coalition to protect domestic market



A coalition of more than 200 solar manufacturing companies is currently pushing for more government protection against Chinese solar companies. The coalition employs about 17,000 workers across America, and includes installers, integrators and distributors. They believe that Chinese companies are dumping solar products on the US market at artificially low prices in order to drive out US manufacturers. The US International Trade Commission recently issued a unanimous preliminary ruling that the Chinese trade practices are injuring the domestic manufacturing industry.

On May 17th, the US Department of Commerce will determine the extent at which these business practices have affected the US market, and at what percentage margins. The margins will then be used to determine duties on imports of Chinese solar products to offset the unfair business practices.  You can read more about the effort in this article from Market Watch. (disclaimer the article was released by the Coalition for American Solar Manufacturing)

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