zero tariff! Under the trade war, the European Union extended its olive branch to China.

Views:7     Author:kerry     Publish Time: 2018-09-05      Origin:www.echardwarechina.com

The European Commission announced on September 3 that it would end a five-year restriction on imports of solar panels from China, according to Deutsche Voice.com. Media quoted the European Commission as saying the decision was made after taking into account the interests of European Union solar panel manufacturers, users and importers. The European Commission says lifting the restraining order is the most favorable decision for the entire EU.

The media found that the European Commission imposed an anti-dumping duty of up to 64.9% and a countervailing duty of up to 11.5% on solar panels imported from China in December 2013 for a two-year period, which was extended at the end of 2015. In March 2017, the European Commission extended the dual countermeasures for 18 months instead of the usual 5 years. After the lifting of the restrictions, if China's imports are not lower than the "minimum price standard", it can enjoy zero tariff treatment in the EU market.


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