Cicilline Applauds Findings of U.S. International Trade Commission Investigation of Chinese Trade Practices
WASHINGTON, DC - U.S. Congressman David Cicilline (D-RI) today applauded the finding of the U.S. International Trade Commission’s (USITC) investigation of unfair trade practices by China in clean energy products. Congressman Cicilline joined his colleagues in the House and Senate in a bipartisan letter urging President Obama to investigate China’s trade practices in the clean energy sector. The USITC has announced its findings that there is a “reasonable indication that a U.S. industry is being materially injured” by the import of Chinese solar cells and modules that are “subsidized and old in the U.S. at less than the fair market value.”
“I commend the International Trade Commission for its efforts to ensure a level playing field for our nation’s clean energy businesses to compete in the global economy. American workers and U.S. businesses must be given a fair chance to compete successfully in the clean energy sector, and I am committed to eliminating obstacles that stand in their way,” said Congressman Cicilline. Based on the USITC finding, the next step is to conduct antidumping investigations of imports of clean energy products from China.
Only five years ago, Chinese solar panel manufacturers had a negligible share of the U.S. solar market, but today, they control more than half the market. Despite the fact that the global solar market has expanded more than 1,000 percent in the past five years, the solar industry in the U.S has lost thousands of jobs.
Cicilline said, “Trade regulations exist to allow for fair competition - they must be followed, and countries that violate these rules must be held accountable for their actions. That’s why I joined efforts urging President Obama to take swift action in addressing allegations of unfair advantages the Chinese Government has provided to its solar industry.”
Cicilline continues to fight to ensure that businesses have a level playing field to create, innovate, and make their products here in America. Cicilline is co-sponsor of the Currency Reform for Fair Trade Act, H.R. 639, which is a bi-partisan measure aimed at stopping foreign governments, China in particular, from purposely undervaluing their currency.
Letter to President Obama attached.