Punitive tariffs on Chinese PV imports will lead to significant job losses in Europe, according to a new study

Alliance for Affordable Solar Energy
Antidumping and/or countervailing duties at any level on Chinese solar products imported into the EU would lead to an overall decrease in demand for solar products [and] to significant job losses in Europe and less value added along the whole European PV value chain, reports Prognos. (...) A punitive tariff of 20% would cost 115,600 jobs in the EU during the first year after implementation. This would rise to a total of 175,500 job losses within the first three years after implementation. The value added lost in Europe could reach €4.74 billion in the first year and up to €18.4 billion during three years with a tariff of 20%.