Bloomberg News

Decision on Chinese Solar-Imports Tariff Delayed by U.S.

March 01, 2012

The U.S. Commerce Department delayed a decision on additional tariffs for Chinese solar-equipment makers until March 19.

The decision, scheduled for tomorrow, is being postponed because of the “extraordinarily complicated” investigation, according to a notice in the Federal Register on Feb. 22. U.S. solar-equipment manufacturers, led by SolarWorld AG (SWV)’s U.S. unit, claim they are being harmed because China’s government uses cash grants, discounts on raw materials, preferential loans and tax incentives, and manipulates its currency to boost exports of solar cells.

To contact the reporter on this story: William McQuillen in Washington at bmcquillen@bloomberg.net

To contact the editor responsible for this story: Jon Morgan at jmorgan97@bloomberg.net


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