U.S. announces "double reverse" results PV trade war is imminent

According to reports, the "double anti-" investigation refers to anti-dumping and anti-subsidy investigations. This word is probably not the first time I hear it, but it is generally not a good thing. For example, today, for the 75 major photovoltaic companies in China, it may be the turning point of fate. Because if you lose, you may be levied up to 100% of punitive tariffs.

The U.S. Department of Commerce will announce today the preliminary findings of China’s solar cell product anti-subsidy. Although this result should have been announced on January 24, the U.S. government has postponed it three times until today. Everyone knows that according to U.S. law, this time can no longer be postponed.

For Chinese PV companies, the European market is an absolute job market, and the US market ranks second. However, the “double counter” investigation that lasted for four months allowed Chinese companies to suffer. Chin Tai Group Chairman Nan Cunhui was decisive for today’s decision: It cannot be said to be a disaster, but it will at least destroy a group of domestic manufacturers.

However, domestic companies have not yet stood still. At the end of November last year, our reporter recorded a reporter’s conversation with a PV company CEO at a press conference to respond to the “double counter” investigation:

Reporter: What are the worst results we expect and what will happen if his tariff is levied?

Xiao Xiaoyu: Yes.

Reporter: I would like to ask, is that unlikely?

Xiaoxiao Yan: We strive for the best and the worst. Because we believe that Taoism and righteousness are on our side, I just now call for and demand that the US government and the ITC of the United States be able to adopt a fair attitude when evaluating this case.

Speaking of the possible impact of the future “double reverse” investigation results, under the pressure of the reporter, he responded with:

Xiao Xiaoyu: With the United States now presenting this double-opposition, I think the words of the photovoltaic industry will be even more bleak. With the current situation, we expect that this year's orders will drop by more than 30%.

At the press conference, Li Lei, a lawyer of Sidley International Law Offices, was also a joint respondent attorney who investigated China's Jingshi Photovoltaic Battery Industry. He told reporters that if the US Department of Commerce makes a preliminary ruling, anti-dumping The countervailing duty will begin to be used, and the importer will be required to pay a deposit or deposit when the product is cleared.

Taking the example of Chinese company Wuxi Suntech, as of last year, the market share in the United States has reached 20%, even surpassing the number one leading company in the United States, ranking first. One can imagine what a tariff of up to 100% means. Last night, Wuxi Suntech did not want to be interviewed by reporters.

The U.S. market is pressing harder and harder. Chinese companies are struggling to survive. How will the outcome of today's ruling be brought?

Li Junfeng, deputy secretary-general of the China Photovoltaic Industry Alliance. Moderator: Secretary-General Lee Good morning! Our editors stayed overnight, and now the ruling has not yet come out. I would like to ask you, what kind of consequences will the Chinese companies have if they decide on countervailing duties? In addition, what are the irrationalities of the double counter investigation?

Li Junfeng: First of all, it is said that the dual anti-reasonable place, because the United States is viewed by China as a non-market economy country, does not recognize the status of China's market economy countries, it uses market economic rules to conduct investigations, it can be said is a discriminatory Survey. This kind of investigation is unfair to China's enterprises and industries. There is no way to make a fair ruling. Whether it is levying punitive tariffs or ordinary tariffs is unfair to Chinese companies. The first is such a question. Unfair competition is actually an attempt to protect American companies. This will inevitably damage the interests of Chinese companies. Of course, I don't think it is a disaster, because China wants to do a good job in China. Just like wind power, our wind power market has accounted for 40% of the world's total. I believe China's PV market will still account for 3 to 5 years. It is 30% to 40% or even higher in the world. Therefore, there is no need to worry too much about such a problem. We regard the protection of trade in the United States as a normal state. The US Congress has passed such a plan and will implement various kinds of programs for China in the future. Such discriminatory trade policies may be the norm. This is a result of the expectation of certain manufacturing industries in the U.S. government, the U.S. Congress, and even the United States.

Moderator: In response to this kind of trade protection in the United States, do we have some measures to deal with in China's enterprises?

Li Junfeng: Let us do our own thing and open up more markets.

Moderator: What do you expect from today's ruling?

Li Junfeng: I do not know now, because this matter will not only affect the interests of Chinese companies, but will also affect the interests of the American people and the interests of U.S. power producers. The punitive tariffs imposed on Chinese enterprises will inevitably increase the U.S. PV market. The price, that is, the price of electricity for ordinary people will increase substantially. The US ruling will have to take care of these interests. I hope they will withdraw this case instead of punishing tariffs.

For the first time, the United States launched a "double counter" investigation on China's clean energy products. The latest results are of continuous concern to this site.