NewEnergyNews More: CONGRESS APPROVES TURBINE TOWER MAKERS FIGHT WITH CHINA

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  • Monday, March 12, 2012

    CONGRESS APPROVES TURBINE TOWER MAKERS FIGHT WITH CHINA

    Senate, House Vote To Continue Wind Tower Trade Proceedings Against China
    9 March 2012 (North American Windpower)

    "Both the U.S. Senate and U.S. House of Representatives have passed bipartisan legislation that enables countervailing-duty proceedings to continue against allegedly unfair subsidized goods - including wind turbine towers - from China and Vietnam.

    "The legislation overturns a decision made by the Court of Appeals for the Federal Circuit (CAFC) and confirms that the U.S. Department of Commerce (DOC) has the authority to continue to apply countervailing duties to non-market economies, such as China's."


    click to enlarge

    "According to the House Ways and Means Committee, if the CAFC's decision were allowed to stand, the DOC could be forced to end countervailing duties against products from China. In addition, the six ongoing investigations against Chinese and Vietnamese products would be terminated. If this were to happen, the committee says, some duties that already have been collected would have to be refunded.

    "The bill also addresses a finding by the World Trade Organization (WTO) that there may be a ‘double counting’ of Chinese subsidies for countervailing and antidumping on the same good. Under the new legislation, the DOC would be able to adjust anti-dumping duties to address double counting…[T]he legislation was [reportedly] drafted with input and support from the Obama administration [and likely to be signed by the President]…"

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