"U.S. Slaps Duties on China Wind Towers, High-Level Talks Begin"

"The United States on Tuesday pressed forward with plans to slap steep punitive duties on wind turbine towers imported from China at prices deemed unfairly low, even as officials welcomed a high-level Chinese delegation for trade and economic talks."

"The U.S. Commerce Department set final anti-dumping duties ranging from 44.99 to 70.63 percent on utility-scale towers manufactured in China and additional countervailing duties of 21.86 to 34.81 percent to combat Chinese government subsidies.

The department also slapped final anti-dumping duties of 51.40 to 58.49 percent on wind towers from Vietnam.

A U.S. trade panel has final approval over the duties and is expected to vote on the case in late January."

Doug Palmer reports for Reuters December 19, 2012.

Source: Reuters, 12/19/2012