US Slaps 3,521% Tariff on Southeast Asian Solar Panels
The US Commerce Department has proposed tariffs ranging up to 3,521% on solar panels imported from Cambodia, Thailand, Malaysia, and Vietnam, following an investigation into alleged Chinese subsidies and dumping. These countervailing and anti-dumping duties vary widely by company and country, with Cambodia facing the highest rates due to lack of cooperation. Companies like Jinko Solar (Malaysia) received lower duties, while Trina Solar (Thailand) faces a 375% tariff. The International Trade Commission will issue a final decision on these tariffs in June.