U.S. plans tariffs on Chinese wind towers
The U.S. is planning tariffs on Chinese-made wind turbine towers.
The United States has proposed duties on Chinese made wind-turbine towers as high as 26 percent, following a similar move against Chinese solar-power panels.
Reuters reports the Commerce Department took action after determining that Chinese tower makers get government subsidies ranging from 13.7 to 26 percent of their costs.
The U.S. International Trade Commission will decide in September whether to impose the new duties.
The plan could benefit Broadwind Energy Inc. Naperville, Ill.-based company that produces wind turbine towers.
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