The United States has announced the implementation of sufficient new duties reaching 3,521 percent on solar imports from four South East Asian countries, supporting domestic manufacturers, while the country’s renewable energy creates challenges.
The duties announced on Monday followed the one -year trade investigation, claiming that solar manufacturers in Cambodia, Vietnam, Malaysia and Thailand were quoted by solar manufacturers as Bloomberg, as improper government subsidies to America and production below production cost to America.
The investigation initiated under the former President Joe Biden was requested by domestic solar manufacturers. Despite the lack of inflation of biden in domestic solar panel production, the manufacturers expressed concern about foreign contestants selling equipment at low prices.
These duties will benefit domestic manufacturers, but will create difficulties for American renewable developers, which are dependent on inexpensive foreign supply, adding uncertainty to an area already affected by ups and downs in Washington’s policy.
These allegations will complement the existing comprehensive tariffs implemented by US President Donald Trump, which has disrupted global supply chains and markets.
The department’s decision is in favor of domestic manufacturing, which has been supported by both Trump and Biden; Providing a benefit to firms like Hanva Q Cell and First Solar Inc.
“This is a decisive victory for American manufacturing,” said Willy’s International Trade Practice co-head Tim Brightbill. He confirmed that “we have long known: that the Chinese solar companies are cheating the system, reducing American companies and giving American workers the cost of their livelihood,” he said.
Which country has to face?
Cambodia faces nationwide duties of 3,521 percent after stopping participation in the investigation. Meanwhile, Vietnamese companies have to face duties up to 395.9 percent, Thailand 375.2 percent, and Malaysia 34.4 percent.
Specific companies received separate rates: Ginko Solar Faches 245 percent for Vietnamese exports and 40 percent for Malaysian exports, while Tina Solar facilitates 375 percent for Thai exports and over 200 percent for Vietnamese exports. J solar modules from Vietnam can get about 120 percent.
These four countries supplied $ 12.9 billion solar equipment to the US last year, which represents 77% of the total module imports according to Bloombergenf.
The implementation of duties depends on the upcoming decisions about the damage to domestic producers of the US International Trade Commission.
About 12 years ago, after similar duties on Chinese imports, Chinese manufacturers moved to unaffected nations. The investigation began after an April 1 petition from the American Alliance for Solar Manufacturing Trade Committee, representing companies including First Solar, Hanva Q Cell and Mission Solar Energy LLC.
