China poly-tariffs unlikely – LDK

LDK believes Beijing will draw back from tariffs

LDK believes Beijing will draw back from tariffs

The Chinese government is unlikely to impose anti-dumping tariffs on foreign polysilicon for the time being, as it looks to lower tensions within the global solar industry, according to LDK Solar officials.

“We don’t believe that some sort of trade war [is in the offing], we don’t believe it will get to that point,” chief financial officer Jack Lai said in a conference call. “We don’t see anti-dumping [tariffs] coming at this point in time.”

Beijing is contemplating slapping duties on foreign polysilicon – a decision that would be as retaliation for the tariffs imposed last year in the US and those under consideration in Brussels, as well as a reflection of its desire to support loss-making local producers like Daqo New Log in to read complete article.

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