U.S. trade officials are set to announce new tariffs on solar panels from four Southeast Asian nations, responding to complaints from domestic manufacturers regarding unfair subsidies that threaten the U.S. solar industry.
The case initiated by Hanwha Qcells and others aims to protect U.S. investments in solar manufacturing and aligns with President Biden's clean energy goals amid concerns over competition from subsidized imports.
Critics argue that the existing subsidies enjoyed by Chinese firms in these nations give them an unfair advantage, jeopardizing the viability of U.S. solar manufacturers and their efforts to promote sustainable energy.
This decision will mark a shift as it considers the impact of cross-border subsidies for the first time, potentially marking a turning point in trade practices affecting clean energy industries.
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