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Eugene

(64,837 posts)
Thu Sep 2, 2021, 04:23 PM Sep 2021

WTO backs U.S. in solar cell case brought by China

Source: Reuters

WTO backs U.S. in solar cell case brought by China

September 2, 2021, 11:13 AM

BRUSSELS (Reuters) -The United States secured a victory at the World Trade Organization on Thursday in a case brought by China over U.S. measures to limit the import of solar panel cells.

A three-person WTO panel rejected all four of China's claims and said that the measures did not breach global trade rules.

The United States imposed a system of tariffs and a quota in 2018 after U.S. producers complained that imports of certain crystalline silicon photovoltaic cells had increased to such an extent that U.S. domestic industry risked serious harm.

The "safeguard" measures are due to be in place for four years, with annual reductions in the duty rates from an initial 30%. The duties have applied to solar modules and, beyond a set quota, to solar cells.

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Read more: https://news.yahoo.com/wto-backs-u-solar-panel-151326034.html

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