The EU plans to impose anti-dumping tariffs averaging 47.6%, and going as high as 67.9%, on...

|By:, SA News Editor
The EU plans to impose anti-dumping tariffs averaging 47.6%, and going as high as 67.9%, on Chinese solar panel imports by June 6, a "commerce official" tells Bloomberg. Several Chinese solar names are seeing moderate declines - investors have already been pricing in the impact of tariffs. JKS -3.8%. TSL -3.1%. YGE -2.9%. LDK -1.6%. CSIQ -4%. European trade group EU ProSun estimated in September Chinese firms control 80% of the local market. Additional tariffs could arrive later this year thanks to a solar subsidy investigation.