US imposes tariffs as high as 3,521% on solar imports from Southeast Asia

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US imposes tariffs as high as 3,521% on solar imports from Southeast Asia - Business Standard

Quick Summary:

Trina Solar in Thailand faces levies of 375 per cent and more than 200 per cent from Vietnam.

Trina shares ended trading 2.6 per cent lower on Tuesday in Asia, while Jinko fell 2.9 per cent and JA Solar declined 0.7 per cent.

After similar duties were imposed on solar imports from China roughly 12 years ago, Chinese manufacturers responded by setting up operations in other nations that weren’t affected by the tariffs.