The European Commission has decided to impose provisional tariffs on solar panels imported from China, following a nine-month investigation, in order to counter what it considers the dumping of these products on the European market.
The tariffs will be effective from June 6, 2013, for the next six months until the end of the full investigation in the beginning of December 2013. At that point, the EC will decide whether to impose permanent duties for up to five years.
As of June 6, a tariff of 11.8 percent will be imposed on all Chinese solar panel imports. Two months later, on Aug. 6, the average tariff will be 47.6 percent. Overall, the duties will range from 37.2 percent to 67.9 percent at that stage.
Chinese companies that have cooperated will face lower tariffs, and those that have not cooperated will face higher tariffs. The staggered implementation in intended to allow markets to adapt and provide an incentive for China to negotiate, the EC said in a written statement.