USA UU They will impose tariffs of up to 30 percent on solar equipment manufactured around the world, in a move that sparked protests from China and South Korea, two main goals of the measure. Some US businesses UU They depend on imported products have also expressed concern about the decision.
The US International Trade Commission UU It recommended a tariff of 35 percent in 2017, after receiving complaints from two solar panel manufacturers, Sunvia and SolarWorld. Both firms had protested for a long time that China's cheap imports had undermined the industry.
"China's large subsidies for exporting solar panels have put other companies in the world at a disadvantage," Gore added.
Driven by government subsidies, China is the world's largest producer of solar panels. And in response to the announcement by the Trump administration at the beginning of the week, Beijing said the move was an "overreaction."