Chinese solar companies could be owed almost US$300 million in trade tariff rebates by the US government following a low-profile court ruling.
Last month, the US court of international trade ordered that the department of commerce needed to either recalculate or further justify elements of the countervailing (CVD), or anti-subsidy, duties levied on Chinese firms for 2014.
In total, five individual elements that make up the CVD have run foul of the court. The key issue regards support for Chinese exporters through a programme called the Export Buyer’s Credit Program.
