Trina Solar Limited, a global enterprise in photovoltaic modules, solutions and services, made some comments regarding the affirmative final determination of the U.S. International Trade Commission on January 21, 2015 that imports of certain crystalline silicon photovoltaic products from mainland China and Taiwan materially injure the domestic industry.
The determination follows the U.S. Department of Commerce's final rulings on December 17, 2014 in the antidumping duty ("AD") investigations of imports of certain crystalline silicon photovoltaic products from mainland China and Taiwan, and the countervailing duty ("CVD") investigation of imports of certain crystalline silicon photovoltaic products from China.
The DOC had previously determined that imports of certain crystalline silicon photovoltaic products were dumped in the United States from China and that imports of certain crystalline silicon photovoltaic products from China received subsidies. Trina Solar was a mandatory respondent to both of the investigations regarding China, in which it received a final dumping tariff of 26.71% and a final subsidy tariff of 49.79% under the final determination of the DOC. The Company expects the combined tariff to be reduced after the DOC completes its double-counting analysis in the coming weeks.
Trina Solar believes that the final determinations made by the ITC and the DOC are both wrong and unfair. Trina Solar is in discussions with its legal advisers and other parties regarding whether to file an appeal to the final determinations issued by the DOC and the ITC.
The Company remains committed to serving its many customers and business partners in the United States, where Trina Solar has built a solid and long-standing reputation for high quality products and services. Trina Solar believes that because of its competitive cost structure, in-house manufacturing capacities, global expansion strategies, strong brand image and quality products, it will continue to play an important role in the U.S. market.
