EU slaps levies on Chinese solar panel imports

“The EU Commission, the bloc’s executive arm, has decided not to slap a punitive 47 percent tariff on all solar panel imports straight away in an attempt to avoid an escalating trade war, where each side engages in tit-for-tat tariffs and boycotts. Instead it is looking for a negotiated solution: Beijing now has 60 days to reach a settlement with the Commission. (…)”