• 24 hours PDVSA Booted From Caribbean Terminal Over Unpaid Bills
  • 1 day Russia Warns Ukraine Against Recovering Oil Off The Coast Of Crimea
  • 1 day Syrian Rebels Relinquish Control Of Major Gas Field
  • 1 day Schlumberger Warns Of Moderating Investment In North America
  • 1 day Oil Prices Set For Weekly Loss As Profit Taking Trumps Mideast Tensions
  • 1 day Energy Regulators Look To Guard Grid From Cyberattacks
  • 1 day Mexico Says OPEC Has Not Approached It For Deal Extension
  • 1 day New Video Game Targets Oil Infrastructure
  • 1 day Shell Restarts Bonny Light Exports
  • 2 days Russia’s Rosneft To Take Majority In Kurdish Oil Pipeline
  • 2 days Iraq Struggles To Replace Damaged Kirkuk Equipment As Output Falls
  • 2 days British Utility Companies Brace For Major Reforms
  • 2 days Montenegro A ‘Sweet Spot’ Of Untapped Oil, Gas In The Adriatic
  • 2 days Rosneft CEO: Rising U.S. Shale A Downside Risk To Oil Prices
  • 2 days Brazil Could Invite More Bids For Unsold Pre-Salt Oil Blocks
  • 2 days OPEC/Non-OPEC Seek Consensus On Deal Before Nov Summit
  • 2 days London Stock Exchange Boss Defends Push To Win Aramco IPO
  • 2 days Rosneft Signs $400M Deal With Kurdistan
  • 3 days Kinder Morgan Warns About Trans Mountain Delays
  • 3 days India, China, U.S., Complain Of Venezuelan Crude Oil Quality Issues
  • 3 days Kurdish Kirkuk-Ceyhan Crude Oil Flows Plunge To 225,000 Bpd
  • 3 days Russia, Saudis Team Up To Boost Fracking Tech
  • 3 days Conflicting News Spurs Doubt On Aramco IPO
  • 3 days Exxon Starts Production At New Refinery In Texas
  • 4 days Iraq Asks BP To Redevelop Kirkuk Oil Fields
  • 4 days Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 4 days Oil Gains Spur Growth In Canada’s Oil Cities
  • 4 days China To Take 5% Of Rosneft’s Output In New Deal
  • 4 days UAE Oil Giant Seeks Partnership For Possible IPO
  • 4 days Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 4 days VW Fails To Secure Critical Commodity For EVs
  • 4 days Enbridge Pipeline Expansion Finally Approved
  • 4 days Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
  • 5 days OPEC Oil Deal Compliance Falls To 86%
  • 5 days U.S. Oil Production To Increase in November As Rig Count Falls
  • 5 days Gazprom Neft Unhappy With OPEC-Russia Production Cut Deal
  • 5 days Disputed Venezuelan Vote Could Lead To More Sanctions, Clashes
  • 5 days EU Urges U.S. Congress To Protect Iran Nuclear Deal
  • 5 days Oil Rig Explosion In Louisiana Leaves 7 Injured, 1 Still Missing
  • 6 days Aramco Says No Plans To Shelve IPO

China Ups Ante in Trade War with US

China Ups Ante in Trade War with US

China’s Commerce Ministry has reaffirmed an earlier decision stating that six US renewable energy projects are in violation of World Trade Organization rules, setting the stage for legal action against US solar and wind manufacturers. 

This is part of the tit-for-tat renewable energy trade war between the US and China (and, increasingly, Europe), which began last year when the Coalition for American Solar Manufacturing (CASM), led in the US by Germany’s SolarWorld, filed a complaint with the WTO against alleged Chinese dumping of solar panels on the US market.

This resulted in the US Commerce Department slapping tariffs on Chinese solar imports and later a response by SolarWorld in Europe, which has filed similar complaints with the European Union against Chinese “dumping”.

China originally filed its petition based on initial findings in November 2011, right after CASM filed its complaint. Since then, it has been biding its time and reviewing its initial findings, which were reaffirmed this week.

China may now choose to impose tariffs on US goods or may use the situation to strengthen its bargaining position to force the US to reduce tariffs on Chinese goods.

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage

Leave a comment
  • David on August 26 2012 said:
    So how many more years do we just talk as we continue to lose jobs and send huge quantities of money overseas. At some point we do need to act and tarrifs is a good option.
  • Lynn2go on August 26 2012 said:
    Will this power struggle ever end, or at least improve? This serves no other purpose than to increase tension and distrust between our countries, when what we should be doing is negotiating and trying to become more amiable with our surrounding countries. Competition is always good for our economy, but this is not the way to go about it! This power struggle with other countries is also driving up prices, in enormous proportions; and not just gas prices, but prices everywhere.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News