Feb. 17 (Bloomberg) -- China, the biggest supplier of solar panels, denied its production is hurting U.S. interests after America’s International Trade Commission voted in favor of a complaint against imports from the Asian country.
The U.S. should be “objective, fair and cautious” and prevent any misuse of trade measures, the Chinese Ministry of Commerce said today in a statement on its website. China will safeguard the legal interests of its solar industry, it said.
The ITC voted unanimously Feb. 14 in favor of a complaint against imports of solar products from Taiwan and China.
SolarWorld Industries America said a loophole lets Chinese competitors avoid current tariffs. The U.S. in 2012 imposed anti-dumping duties of as much as 250 percent on solar cells from China and anti-subsidy penalties of about 15 percent. The U.S. Commerce Department will issue a preliminary ruling on countervailing duties March 28 and on anti-dumping on June 11.
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