Trina Says EU Anti-Dumping Tariff Closes Some Solar Markets

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European Union tariffs on solar panels from China will cause uncertainty in the markets for two months and close access to some of them, said Trina Solar Ltd., the second biggest module maker.

The EU on June 5 imposed tariffs of 11.8 percent on panels from China for allegedly selling them in the 27-nation bloc at below cost, a practice known as dumping. From Aug. 6, that rate is scheduled to rise to 51.5 percent for Changzhou-based Trina. The initial lower rate was a compromise designed to give Chinese and European officials more time to negotiate.