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The U.S. government has imposed anti-dumping duties of 31%-250% on Chinese solar imports, a...

The U.S. government has imposed anti-dumping duties of 31%-250% on Chinese solar imports, a source tells Bloomberg. The duties are the result of an investigation into whether Chinese firms, backed by government subsidies, have been selling modules below cost to drive out competition. First Solar (FSLR +7.2%) and SunPower (SPWR +13.6% - previous) are rallying on the news, while some (though not all) Chinese vendors are selling off: YGE -11.8%. HOKU -8.8%. LDK -3.9%.
Comments (2)
  • BlueOkie
    , contributor
    Comments (4177) | Send Message
     
    A trade war with China, just what the doctor ordered! We got to get Obama out of the WhiteHouse
    17 May 2012, 05:57 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9920) | Send Message
     
    If this "starts" a trade war as some in the media are speculating, then no telling how low the markets go from here.
    17 May 2012, 09:25 PM Reply Like
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