The US Commerce Department has revealed plans to implement tariffs of up to 3,521% on solar panel imports from Cambodia, Thailand, Malaysia, and Vietnam. This decision follows an investigation initiated by several US solar equipment manufacturers concerned about unfair competition attributed to subsidies from China. The tariffs, which vary by country and company, are expected to have significant implications as America imported almost $12 billion in solar equipment from these nations in 2023. Industry representatives hailed the findings as a victory for American manufacturing against Chinese unfair practices.
The US Commerce Department plans to impose tariffs up to 3,521% on solar panel imports from Cambodia, Thailand, Malaysia, and Vietnam, citing unfair competition from China.
The proposed levies target companies from four Southeast Asian countries due to alleged subsidies from China and dumping of cheap products into the US market.
This is a decisive victory for American manufacturing and confirms what we've long known: that Chinese-headquartered solar companies have been cheating the system, said Tim Brightbill.
In 2023, America imported almost $12bn in solar equipment from four Southeast Asian countries, highlighting the significance of these tariffs in the trade landscape.
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