The US Commerce Department plans to impose tariffs as high as 3,521% on solar panel imports from Cambodia, Thailand, Malaysia, and Vietnam, following a year-long investigation. The tariffs respond to US manufacturers’ allegations that Chinese companies were flooding the market with subsidized solar panels. While the tariffs are aimed at protecting domestic producers, critics, including trade associations, have warned that this could increase costs for US solar panel manufacturers and negatively impact the overall growth of the solar industry in the United States.
The US commerce department is imposing tariffs of up to 3,521% on imports of solar panels from Cambodia, Thailand, Malaysia, and Vietnam, following unfair pricing claims.
Critics argue that these tariffs will harm US solar producers by raising prices on imported solar cells, impacting the domestic assembly of solar panels.
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