US finalizes tariffs on Southeast Asian solar
Imports from the four targeted countries this year are a fraction of what they were a year ago, while shipments of panels from nations like
Chinese-owned solar manufacturing facilities have popped up across Southeast Asia as companies sought to navigate U.S.-China trade frictions. While Cambodia is still primarily an agrarian economy, solar panels were the Southeast Asian country's top export to the U.S. last year, according to data from consultancy Oxford Economics.
The American Alliance for Solar Manufacturing Trade Committee also argued that Southeast Asian companies received an unfair level of subsidies, making U.S.-made solar panels uncompetitive. Chinese-owned solar manufacturing facilities have popped up across Southeast Asia as companies sought to navigate U.S.-China trade frictions.
The US Commerce Department has announced plans to impose tariffs of up to 3,521% on imports of solar panels from four South East Asian countries. It comes after an investigation that began a year ago when several major solar equipment producers asked the administration of then-President Joe Biden to protect their US operations.
Over the past decade, Malaysia, along with other South-east Asian countries like Vietnam and Thailand, has been a key destination for Chinese solar panel firms relocating their operations to bypass US tariffs on direct imports from China.
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