U.S. Raises Wind-Energy Duties on Chinese, Vietnamese Companies
The U.S. increased import duties on wind towers produced by Chengxi Shipyard Co. and CS Wind Corp. from preliminary levies imposed earlier this year in an attempt to prevent the goods made in China and Vietnam from undercutting the domestic industry.
The final rate for CS Wind, to offset government subsidies, is 21.86 percent. Rates to prevent the goods from being sold in the U.S. below cost are 47.59 percent for Chengxi and 44.99 percent for Titan Wind Energy Suzhou Co., the Commerce Department said today in a statement.
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