Commerce Tags China Solar Imports With Hefty AD Margins, Finds 'Critical Circumstances'

The U.S. Commerce Department today (May 17) preliminarily and retroactively slapped antidumping (AD) duties ranging from 31 percent to 250 percent on imports of Chinese crystalline silicon photovoltaic cells. The preliminary AD margins were significantly higher than the preliminary countervailing duty (CVD) margins of between 2.9 and 4.73 percent announced by Commerce two months ago on the same products.

Kirk, Bryson Name Leadership Of Interagency Trade Enforcement Center

U.S. Trade Representative Ron Kirk today (May 14) named Principal Deputy General Counsel Brad Ward, who is also the assistant U.S. trade representative for monitoring and enforcement, to be the director of the Interagency Trade Enforcement Center (ITEC), according to informed sources.

Fed Approves Acquisition, Branch Openings By Chinese State Banks

The board of the U.S. Federal Reserve yesterday (May 9) approved three applications by Chinese state-backed banks and investment companies to acquire a controlling stake in a U.S.-based bank and to open branches in U.S. cities.

U.S., China Announce Incremental Advances At End Of Fourth S&ED

Treasury Secretary Timothy Geithner today (May 4) touted progress at the conclusion of the Strategic and Economic Dialogue (S&ED) in getting China to move forward on a number of economic reforms that will continue the appreciation of the Chinese currency and provide greater sales and investment opportunities to benefit U.S. firms and workers.