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China’s LONGi Denies Circumventing U.S. Tariffs on Solar Panels

INBV News by INBV News
December 5, 2022
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China’s LONGi Denies Circumventing U.S. Tariffs on Solar Panels
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BEIJING (Reuters) – Chinese solar panel maker LONGi Green Energy Technology Co. Ltd said on Monday it’s going to provide evidence to point out it’s complying with U.S. laws after the U.S. Department of Commerce found it to be circumventing tariffs.

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America will impose recent duties on imports from LONGi and three other Chinese solar panel makers, trade officials said on Friday, after an investigation present in a preliminary determination issued last week they were attempting to dodge tariffs by ending products in Southeast Asian countries.

“Next, the U.S. Department of Commerce will conduct on-site audit in the subsequent few months to confirm the authenticity of the investigation information. During this era, we are going to actively provide evidence that shows we’re compliant with U.S. trade law and never circumventing,” LONGi said in an announcement sent to Reuters.

BYD Co Ltd, Trina Solar Co Ltd and Canadian Solar Inc, also named within the preliminary determination, didn’t immediately reply to requests for comment.

If finalised next 12 months, the U.S. determination means the Chinese corporations will likely be subject to duties on the products they make in Malaysia, Cambodia, Thailand and Vietnam.

The duties is not going to come into force until June 2024, due to a two-year waiver introduced by U.S. President Joe Biden this 12 months.

LONGi said it was working on increasing the strategic layout of its global operations, including improving its manufacturing and provide chain for the U.S. market.

“Regardless of what the is, it’s going to not affect the corporate’s medium- and long-term planning within the U.S. market,” it said.

(Reporting by Xu Kaiwen and Dominique Patton; Editing by Robert Birsel)

Copyright 2022 Thomson Reuters.

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Tags: ChinasCircumventingDeniesLONGipanelssolarTariffsU.S
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