A CFO at a top Chinese solar panel manufacturer reacted with trepidation to the European Commission’s announcement of new tariffs on China’s solar companies starting in June, The Wall Street Journal reported. “There is no way we can be profitable with the new tariffs,” said Zhang Longgen, chief financial officer at JinkoSolar Holding (JKS.NYSE). “The only thing we can do is increase the price of our products.” According to the plan, Suntech Power Holdings (STP.NYSE) will face tariffs of 48.6%, LDK Solar (LDK.NYSE) will face tariffs of 55.9%. Companies that didn’t cooperate with the EU’s probe could pay a tariff of 67.9%.