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On February 17, the head of the Import and Export Fair Trade Bureau of the Ministry of Commerce issued a statement on the second "double-reverse" investigation of US PV products, saying that the US International Trade Commission failed to fully and objectively consider the fact that the Sino-US PV industry is interdependent. And the status quo, China's photovoltaic products not only did not harm the interests of the US industry, but also brought huge commercial benefits and employment opportunities for the upstream and downstream industries of the United States.
In addition, the statement stressed that China once again urged the US to abide by laws and regulations, handle investigations in an objective and fair manner, and prevent abuse of trade remedy measures. It is China’s consistent position to resolve trade disputes through dialogue and consultation. The door for China-US PV product trade consultations has always been open to the US. It is hoped that the US will conduct frank dialogues and consultations with China, properly resolve trade disputes, and achieve mutual benefit and win-win for the photovoltaic industry of the two countries. .
The person in charge also revealed that the Ministry of Commerce will organize and coordinate the Chinese PV industry and related enterprises to continue to do legal defense work on industrial damage, dumping, subsidies and other issues, and safeguard the legitimate rights and interests of the Chinese side.
SolarWorld is once again in trouble
The long-running "double-reverse" tug-of-war between China and the United States began in 2011.
In November 2011, in spite of China's opposition, the US insisted on launching a “double-reverse†investigation on Chinese-made photovoltaic cells, and in December 2012 decided to impose “double-reverse†tariffs on photovoltaic cells imported from China. Among them, the anti-dumping tax rate is set at 18.32% to 249.96%; the countervailing duty rate is set at 14.78% to 15.97%.
At that time, this ruling meant that Chinese PV companies would export from the Chinese mainland to the US market, at least to increase the tariff burden by more than 30%.
On January 23 this year, the US Department of Commerce's International Trade Bureau (ITA) decided to launch an anti-dumping investigation against China's US PV products, as well as the company's application to the US subsidiary SolarWorld, which is frequently matched with China's PV. Countervailing investigation of Chinese PV products exported to the United States.
It is worth noting that this “double-reverse†survey is different from the first one launched in November 2011. This US survey has not only targeted crystalline silicon photovoltaic cells, but has expanded the scope of “double-reverse†investigations to almost all crystalline silicon photovoltaic products such as ingots, silicon wafers, batteries, and modules. At the same time, its “anti-dumping†survey included mainland China and Taiwan.
In fact, SolarWorld tried to expand the scope of the products involved in the 2011 double-reverse investigation, but it was finally rejected by the US Department of Commerce. Since then, SolarWorld is still reluctant to give up. After the double-reverse investigation in 2011, the US Department of Commerce appealed to the US International Trade Court on the grounds of product scope. Today, SolarWorld finally got its wish and applied for another investigation, in order to include all other Chinese PV products not included in the 2011 survey into the scope of “double-reverse†sanctions.
US "double opposition" has intensified
"When the first double-reverse, the United States seems to have left a back door for China's photovoltaics." A responsible person of a well-known photovoltaic company introduced to the "Securities Daily", "At that time, we can circumvent by insisting on production in third-party countries." Tariff barriers are not subject to double anti-tariffs. But this time it is no longer possible. The United States has included all of the photovoltaic products such as ingots, silicon wafers, batteries and modules into the investigation scope, and sealed up the production of these production factors in third countries. Assemble and re-export to the United States to avoid tariffs."
It is understood that in addition to the above-mentioned overseas assembly methods, China PV has previously been able to evade the US double anti-tariff through entrepot trade. But nowadays, these strategies for saving the country have lost their effect because of the intensification of the United States (restricting the origin and expanding the taxation category).
"If the implementation of the double-reverse, it basically means that China's photovoltaic will lose the US market." The person in charge of the above-mentioned photovoltaic companies described it to the Securities Daily.
"According to the plan, after the US International Trade Commission announced the results of the investigation, the US Department of Commerce will announce the countervailing duty rate on March 28 and the anti-dumping tax rate on June 11." The relevant insiders disclosed to the "Securities Daily" reporter that The next US "double-reverse" investigation, I am afraid it will not last for a long time, leaving little time for China's PV to reverse the situation.
The person in charge of the above-mentioned photovoltaic company said, "Fortunately, this double-reverse is based on the large-scale launch of China's domestic PV market, and its impact on China's PV will not be as severe as it used to be. In the end, we will actively cooperate with the management to reverse the US ruling."
Product:Socket Weld Pipe Fittings
Size:DN6-DN100
Materials:A105,304,304L,316,316L,321, Q235,20#,16Mn,12Cr1MoV,F11,F22....
Pressure Level: 2000LB,3000LB (SCH80),6000LB (SCH160),9000 (XXS).
Standard:ASME B16.11,MSS SP-83,MSS SP -79,MSS SP-97,MSS SP-95,JIS B2316....
Crafts: Butt, Push System, Simmer
Connection: SW,BW,TR.
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Brand Name: HY
Place of Origin: China (Mainland)
Certification: ISO.UKS.SGS.BV
Application: Chemical, Water, Oil and gas, Electricity
On the day of U.S. Secretary of State’s visit to China’s “Western Valentine’s Day†(February 14th), the US International Trade Commission made a preliminary ruling on the “double-reverse†investigation of China’s exports of photovoltaic products to the United States. The industry suffered substantial damage due to the import of Chinese crystalline silicon photovoltaic products.