Longi Says US Finding on Tariff Evasion Won’t Impact Firm’s Plan
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Longi Green Energy Technology Co., the world’s largest solar company, said that the US Commerce Department’s initial findings on Chinese companies circumventing tariffs will not affect the company’s operations nor will it change its plans for the American market.
The US Commerce Department released preliminary findings on Friday that Chinese solar manufacturers including Longi, Trina Solar Co., Canadian Solar Inc. and BYD Co. are evading decade-old tariffs by assembling equipment in four Southeast Asian countries -- Cambodia, Thailand, Malaysia and Vietnam -- before shipping to the US.