Tue, 22 Apr 2025

Tue, 22 Apr 2025 US sets tariffs of up to 3,521% on South East Asia solar panels

Several Chinese solar companies with factories across the region could face steep new tariffs.

* The US Commerce Department plans to impose tariffs of up to 3,521% on solar panel imports from Cambodia, Thailand, Malaysia, and Vietnam.
* The move targets companies accused of receiving subsidies from China and dumping cheap products in the US market.
* Tariffs will vary between countries and companies, with some facing duties as high as 375%.
* Chinese manufacturers have shifted operations to these countries to avoid US tariffs imposed under Donald Trump's administration.
* American solar equipment producers welcome the decision, citing unfair competition from Chinese companies.
* The planned tariffs could lead to higher costs for businesses and consumers who rely on affordable solar products.
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