US sets tariffs of up to 3,521% on South East Asia solar panels

Two solar module manufacturers in Cambodia threaten US tariffs of 3500 percent. In Vietnam, a popular production site of Nike and Apple, there is chaos due to Trump's customs hacks. Xi Jinping tries to exploit this. But governments hesitate – and have good reason to do so.

Trump administration announces plan to hike solar tariffs for 4 countries

The Commerce Department this week announced plans to hike tariffs on solar panels from East Asia, alleging that panels from Cambodia, Malaysia, Thailand and Vietnam are receiving Chinese subsidies. Panels from Cambodia received the highest tariffs — as solar panels from that country would see duties at a rate of 652 percent on average — though some Cambodian companies could see tariffs hiked as high as 3,500 percent. Vietnamese and Thai panels w…

The Commerce Department Slaps High Tariffs on Solar Imports from Four Southeast Asian Countries Acting on Behalf of China

U.S. trade officials finalized steep tariff levels on most solar cells from Southeast Asia. U.S. solar manufacturers claim that Chinese companies were undercutting prices and receiving unfair subsidies through factories in Malaysia, Cambodia, Thailand, and Vietnam, which allowed them to avoid tariffs on past imports from China. The United States has had various tariffs in place on Chinese solar panels since the Obama Administration. The American…

In the ongoing tariff war, the US is now focusing its attention on cheaply produced solar cells from countries in Southeast Asia, which Chinese companies have flooded the market with. Products made in Cambodia risk tariffs of 3,500 percent.

US imposes tariffs up to 3500 per cent on solar panels

US trade officials have unveiled plans to impose tariffs of up to 3500 per cent on solar panels from some South-East Asian countries.It marks a key step towards wrapping up a year-old trade case in which American manufacturers accused Chinese companies of flooding the market with unfairly cheap goods, CNN reports.The case was brought last year by Korea's Hanwha Qcells, Arizona-based First Solar Inc and several smaller producers seeking to prote…

Madrid. The United States plans to impose tariffs of more than 3.521% on the import of solar cells from countries in South-East Asia and mainly manufactured by Chinese companies, in the face of a possible situation of unfair competition, as announced by the US Department of Commerce. The charges will come into force if the US International Trade Commission determines that overseas panels would have been sold below the market price thanks to stat…