New tariffs on solar cells from Cambodia, Malaysia, Thailand, and Vietnam have surged to as high as 3,521%, significantly impacting their marketability in the US. These Southeast Asian nations contributed to three-quarters of total solar module imports in the previous year. The increased tariffs stem from Commerce Department investigations into alleged Chinese tariff evasion through these countries. This escalation in tariffs complicates the dynamics for US solar companies divided between supporting domestic manufacturers and fearing increased costs for renewable energy projects. Cambodia faces the highest tariffs for non-compliance, with final decisions pending from the US International Trade Commission.
The tariffs essentially make the products 'unmarketable' in the US, impacting imports from Cambodia, Malaysia, Thailand, and Vietnam which supplied over three quarters of total module imports.
The move heightens Donald Trump's trade war with China, amid ongoing investigations into Chinese companies allegedly circumventing tariffs through Southeast Asia.
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