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US finalises tariffs on solar imports on Thailand and other ASEAN nations

US finalises tariffs on solar imports on Thailand and other ASEAN nations

13 Sept 11:53 Key points summarised by AI
  • US trade officials finalized substantial tariffs on most solar cells from Malaysia, Cambodia, Thailand, and Vietnam, targeting Chinese companies accused of selling goods below cost and receiving unfair subsidies.
  • Tariff levels vary significantly by company and country; for example, Trina Solar products from Thailand face duties of 375.19%, while Cambodian producers face over 3,500% due to non-cooperation.
  • The tariffs stem from a trade case brought by American manufacturers like Hanwha Qcells and First Solar, aiming to protect US solar manufacturing investments from uncompetitive practices.
  • Critics, including the Solar Energy Industries Association (SEIA), argue these tariffs could negatively impact US solar producers by raising prices on imported cells vital for domestic panel assembly.
  • The International Trade Commission must vote in June to confirm that the US industry was materially harmed by these imports for the tariffs to be fully implemented.
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