KKTV - Economy - Headlines

US Again Imposes Clean-Energy Tariffs On China

By: AP
Posted: Wed 5:08 PM, May 30, 2012

WASHINGTON (AP) -- The Obama administration is moving to impose stiff new tariffs on wind-energy towers made in China, the latest strike in an escalating trade war over clean energy.

The Commerce Department said in a preliminary decision Wednesday that Chinese companies have received government subsidies on steel wind towers ranging from about 14 percent to 26 percent. The decision could result in tariffs of those amounts being imposed on about a dozen Chinese companies that export large numbers of steel wind towers to the United States.

It follows a Commerce Department decision this month to impose tariffs averaging about 31 percent on solar cells and panels imported from China.

China has called the U.S. action on solar equipment unfair and warned that higher tariffs could hurt efforts to promote clean energy.


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