U.S. Boosts Duties on China Wind Energy as Trade Talks Open
Ratcheting up trade tensions with China, the U.S. increased import duties on wind turbine towers produced by Chengxi Shipyard Co. and CS Wind Corp. as economic talks between the two nations opened in Washington.
The Commerce Department yesterday set final punitive tariffs on the products from China and Vietnam. The rates were higher than preliminary tariffs announced earlier this year to counter government subsidies and to prevent the goods from being sold in the U.S. below production costs, a practice known as dumping.
“The final results are an important step in remedying the material injury already suffered by the U.S. industry and will force the Chinese and Vietnamese producers to compete fairly,” Alan Price, an attorney with Wiley Rein LLP in Washington, said in a statement. Price represents the U.S. manufacturers that brought the case against the foreign producers, including Broadwind Energy Inc. of Naperville, Illinois.
The decision coincided with the start of two days of trade and economic talks between U.S. and Chinese officials. Tensions between the world’s two largest economies have risen within the past year over government support for clean-energy products, including solar cells and wind towers.
The department set anti-dumping duties of 47.59 percent on wind-towers from Chengxi Shipyard and 44.99 percent for Titan Wind Energy Suzhou Co., both based in China. The rate for Titan Wind was more than double its preliminary rate of 20.85 percent, announced in July. The steel towers support the turbines and engines used by power companies.