EU trade commissioner favours 40% tariffs on Chinese solar panel imports.

FT: “Europe’s trade chief is pushing to impose provisional duties of about 40 per cent on Chinese solar panels in a move that risks stirring wider trade tensions with Beijing and dividing the EU industry.” “Karel De Gucht, the trade commissioner, has arrived at the provisional duties figure after concluding that Chinese manufacturers benefited from illegal government subsidies and then dumped their products – or sold them below cost – in the EU, according to people familiar with the matter.”