US slaps up to 3,521% tariffs on solar imports from Malaysia, Vietnam, Thailand, and Cambodia

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The Star 2h ago

US slaps up to 3,521% tariffs on solar imports from Malaysia, Vietnam, Thailand, and Cambodia - The Star

Quick Summary:

THE US set new duties as high as 3,521% on solar imports from four Southeast Asian countries, delivering a win for domestic manufacturers while intensifying headwinds already threatening the country's renewable power development.

The findings confirm "what we’ve long known: that Chinese-headquartered solar companies have been cheating the system, undercutting US companies and costing American workers their livelihoods,” he said.

Jinko Solar was assessed duties of about 245% for exports from Vietnam and 40% for exports from Malaysia.