LDK Solar CEO Says U.S. Tariffs a `Challenge'

The chairman and chief executive officer of Xinyu, China-based LDK Solar Co. (LDK), the world’s second- largest maker of wafers, said U.S. tariffs on solar imports will be “a challenge for us,” Xinhua News Agency reported today.

Peng Xiaofeng said a May 16 preliminary anti-dumping ruling by the U.S. Commerce Department for tariffs of as much as 250 percent would force China’s solar industry to reorganize.

China today filed a complaint at the World Trade Organization.

To contact the reporter on this story: Justin Doom in New York at jdoom1@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net