China sets final duties on U.S. solar materials

Reuters
China hit the United States with final anti-dumping and anti-subsidy duties on imports of solar-grade polysilicon on Monday, the latest move in what has been a contentious trade battle in the solar industry. The anti-dumping duties, announced by China's Commerce Ministry, were in line with initial levels levied last year of up to 57 percent on imports of the raw material used to make solar panels. (...) An investigation concluded that China's producers "suffered substantial harm" due to the United States and South Korea selling below cost in the Chinese markets, and also due to U.S. subsidies, the ministry said in statements on its website.
(...) Washington had called previously announced duties disappointing, and many in the U.S. solar industry saw the move as an attempt to protect China's struggling domestic firms. The United States has already imposed its own duties of about 30 percent on Chinese solar panels in a case finalized in 2012.