ADVFN - Advanced Financial Network.
HOME» NYSE » T » TSL Stock Price » TSL Stock News

Trina Solar Ltd Adr Share News

 Trina Solar Ltd Adr Stock Price
TSL Stock Price
 Trina Solar Ltd Adr Stock Chart
TSL Stock Chart
 Trina Solar Ltd Adr Stock News
TSL Stock News
 Trina Solar Ltd Adr Company Information
TSL Company Information
 Trina Solar Ltd Adr Stock Trades
TSL Stock Trades

UDPATE: US Sets Initial Retaliatory Duties On Solar Panels From China

--Commerce Department to impose countervailing duties on Chinese solar panels and solar cells --The department found the companies have received unfair government subsidies --The duties range between 2.9% and 4.73% --Both sides claim victory as the investigation continues (Adds stock prices in the third paragraph, comments from U.S. solar firm CEO in the fifth paragraph, an opponent of the trade case in the seventh paragraph and a SolarWorld attorney in the ninth paragraph, and other details.) By Tom Barkley and Cassandra Sweet Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--The U.S. Commerce Department announced a preliminary decision Tuesday to impose modest import duties on Chinese solar panels of below 5%, while continuing its probe into allegations by struggling U.S. producers that they are the victims of unfair competition. In the high-profile case, Commerce backed claims made last October by the U.S. unit of Germany-based SolarWorld (SWV.XE) and six other U.S. firms that Chinese solar-panel suppliers had received unfair government subsidies. However, the department proposed relatively low countervailing duties of between 2.9% and 4.73% on the Chinese imports. Still, the U.S. is also investigating allegations that the solar panels and solar cells are being dumped, or sold at less than normal value, with an initial announcement on antidumping duties expected soon. Commerce expects to make a final decision on the countervailing duties in June. Before the duties can take effect, the International Trade Commission would have to find that U.S. producers are being harmed by the imports. The independent government panel is expected to vote in July. The case has exacerbated trade frictions with Beijing, while dividing the U.S. solar-power market at a time when solar-panel makers have been struggling with plunging prices amid an oversupply of panels, primarily from China. Imports of the panels from China more than doubled in value last year to $3.12 billion. President Barack Obama has taken heat from Republican rivals for the upcoming elections for his policies to counter Chinese competition and for his clean-energy policies, under which solar-panel maker Solyndra LLC received more than $500 million in federal loans before filing for bankruptcy. The president plans to visit a Sempra Energy (SRE) solar-power plant in Nevada on Wednesday as part of a trip focused on energy. China's Ministry of Commerce has criticized the U.S. investigation as an example of "protectionism," while Chinese solar-panel makers and some of their U.S. clients have warned that antidumping tariffs could result in financial losses for some U.S. consumers and job losses for workers in the industry. Suntech, Trina, Yingli Green Energy Holding Co. Ltd. (YGE) and other large Chinese solar-panel makers have denied dumping panels in the U.S., and have also denied accusations they received unfair government subsidies. -By Tom Barkley and Cassandra Sweet, Dow Jones Newswires; 202-862-9275; tom.barkley@dowjones.com

Stock News for Trina Solar Ltd Adr (TSL)
DateTimeHeadline
11/25/201415:35:53MARKET SNAPSHOT: S&P 500, Dow Hit Records; Small-caps, Nasdaq...
11/24/201417:15:57MARKET SNAPSHOT: S&P 500, Dow Hits Records; Small-caps, Nasdaq...
11/24/201413:25:27MARKET SNAPSHOT: U.S. Stocks Edge Higher On Low Pre-holiday Volume
11/24/201410:38:16MARKET SNAPSHOT: U.S. Stocks Edge Up, Set For More Records
11/24/201410:36:44MARKET SNAPSHOT: U.S. Stocks Edge Up, Topping Record Highs
11/24/201409:23:22MARKET SNAPSHOT: U.S. Stocks: Futures Higher At The Start Of...
11/24/201405:26:02MARKET SNAPSHOT: Marathon Stock Momentum, Confidence Flash Caution
08/26/201410:05:12U.S. Hot Stocks: Hot Stocks to Watch
08/25/201417:19:14ADR Shares End Higher; Statoil Shares Active
08/19/201418:12:41ADR Shares End Mostly Higher; BHP Billiton Shares Active
07/28/201415:11:11China Criticizes U.S. Move on Solar-Equipment Imports
06/04/201403:38:07U.S., China Solar-Products Dispute Intensifies
04/14/201409:50:25Hot Stocks: Hot Stocks to Watch
03/04/201416:51:26ADR Shares End Higher; Trina Solar, BP Shares Active
01/14/201417:17:41ADR Shares End Higher; AstraZeneca Shares Active
12/17/201317:09:13ADR Shares End Lower as Fed Meeting Begins
12/11/201317:07:58ADR Shares End Lower as U.S. Budget Deal Could Signal Fed Tapering
11/19/201316:57:38ADR Shares End Lower Amid German Economic Confidence Data
11/19/201309:07:57U.S. Hot Stocks Futures: Hot Stocks to Watch
11/08/201316:55:32ADR Shares End Mixed Amid Solid U.S. Jobs Report

Trina Solar Ltd Adr and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad