The US Department of Commerce on Tuesday set preliminary subsidy rates on Chinese PV products, signalling that it may impose punitive duties on those products.
The United States once again started anti-dumping and countervailing investigations on Chinese PV products and tried to levy high duties after it imposed duties on those products in November 2012, an official with the Ministry said here.
Also Read
"US restrictions on Chinese products were an abuse of trade remedy measures and had a clear hint of trade protectionism. They will certainly worsen the Sino-US dispute in PV trade," state run Xinhua quoted the official as saying.
Earlier, India's Commerce Ministry had recommended levying anti-dumping duty on solar cells imported from the US, Malaysia, China and Chinese Taipei.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app