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Anti-dumping duty imposed on tempered glass from China
August 22 , 2017
2452 days
1209
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- The Finance Ministry has imposed a definitive anti-dumping duty on certain "textured toughened (tempered) glass" imports from China.
- Textured toughened (tempered) glass is used as a component in solar photovoltaic panels and solar thermal applications.
- This product is also known as solar glass, low iron solar glass or high transmission photovoltaic glass.
- The duty aims at protecting the domestic industry from cheaper imports. It will be effective for five years.
- An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value. Dumping is a process where a company exports a product at a price lower than the price it normally charges on its own home market.
- To protect local businesses and markets, many countries impose stiff duties on products they believe are being dumped in their national market.
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