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Attilatheblond

(5,861 posts)
Tue Apr 22, 2025, 09:28 AM Apr 22

US to impose tariffs of up to 3,521% on south-east Asia solar panels [View all]

Source: The Guardian

US trade officials are preparing to impose tariffs of up to 3,521% on imports of solar panels from four south-east Asian countries, while the International Energy Agency has said lessons from the energy crisis following Russia’s invasion of Ukraine had not been fully learned.

The US commerce department has announced the new tariffs, targeting companies in Cambodia, Thailand, Malaysia and Vietnam, after an investigation begun a year ago when American manufacturers of solar panels accused Chinese companies of flooding the market with subsidised, cheap goods.

Products from Cambodia would face the highest tariffs, of 3,521%, because its companies did not cooperate with the US investigation, while products made in Malaysia by the Chinese manufacturer Jinko Solar face duties of just over 41%; rival Trina Solar’s products from Thailand will incur tariffs of 375%.

...

However, critics, including the Solar Energy Industries Association trade group, have said tariffs would harm US solar producers because they would raise prices on the imported cells that are assembled into panels at American factories.

Read more: https://www.theguardian.com/business/2025/apr/22/us-huge-tariffs-south-east-asian-solar-panels-energy-summit



He who thinks he is king once again not looking at how things are connected. But he really does tip his hand as to who he serves, and it ain't human beings.
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