American solar panel manufactuers welcome Obama administration decision, saying it exposes unfair trade practices The Obama administration, which regularly champions America’s clean energy industry, has delivered modest support for home-grown solar panel makers complaining of unfair competition from China In a much-anticipated decision, the commerce department on Tuesday said it would impose tariffs of 2.9% to 4.73% on Chinese-made solar panels, after finding the Beijing government was providing illegal subsidies to manufacturers. The commerce department could impose heavier penalties in May, when it is due to decide whether China is dumping solar panels at prices below their actual cost. But Tuesday’s move did not suggest the Obama adminstration is willing to risk a trade war with China in support of struggling solar panel manufacturers.

More here:
Asia