Solar CEO: Inside a U.S.-China Solar Trade War

“To the extent that Chinese firms do receive any subsidies, such subsidies are hardly unique to China.”

Suntech CEO Andrew Beebe writes in the Wall Street Journal:

The U.S. Department of Commerce announced a ruling last week to raise trade barriers against solar cells produced in China. The preliminary determination calls for tariffs of 2.9% on cells manufactured by my company, Suntech; 4.73% on those made by Trina Solar; and 3.61% on the rest of solar-cell imports from China. Although these initial rates are modest, the department will consider adding more tariffs over the next several months.

Doing so would be a mistake. Trade barriers—large or small, at any point in the global solar value chain—are harmful to both America and China…

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