From a chart point of view, there's a definite divergence in performance in U.S. solar stocks vs. their Chinese competitors. Forget the cold war; is a trade war heating up with China? Charts don't lie - people do. Full disclosure StockBuz recommended long FSLR in 2013.
The United States slapped new import duties on solar panels and other related products from China on Tuesday after the Commerce department ruled they were produced using Chinese government subsidies, potentially inflaming trade tensions between the two countries.
The U.S. arm of German solar manufacturer SolarWorld AG filed a petition complaining that Chinese manufacturers are sidestepping duties imposed in 2012 by shifting production of the cells used to make their panels to Taiwan and continuing to flood the U.S. market with cheap products.
The new complaint seeks to close that loophole by extending import duties to also cover panels made with parts from Taiwan.
In a preliminary determination, the Commerce de
