Potential US tariffs on Southeast Asian solar imports spark concerns
The US Department of Commerce's announcement of its preliminary decision to impose anti-dumping tariffs of up to 271 percent on solar products imported from four Southeast Asian nations has sparked serious concerns and criticisms.
The affected countries include Cambodia, Malaysia, Thailand, and Vietnam, which together account for approximately 80 percent of the crystalline silicon photovoltaic cells and modules made with them that are imported into the United States.
The US investigation was prompted by a petition filed in April this year by the American Alliance for Solar Manufacturing Trade Committee, which represents solar manufacturers of the United States. The committee accused foreign producers of selling solar products in the US at prices below production costs.
As the US government moves forward with its investigation, the final ruling is expected to come out in April 2025, with the country's International Trade Commission due to make its final decision in June 2025.
Industry stakeholders are awaiting the outcome, aware that the policy could have far-reaching implications for the solar industry.
CCTV/CGTN/REUTERS
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The US Department of Commerce's announcement of its preliminary decision to impose anti-dumping tariffs of up to 271 percent on solar products imported from four Southeast Asian nations has sparked serious concerns and criticisms.
The affected countries include Cambodia, Malaysia, Thailand, and Vietnam, which together account for approximately 80 percent of the crystalline silicon photovoltaic cells and modules made with them that are imported into the United States.
The US investigation was prompted by a petition filed in April this year by the American Alliance for Solar Manufacturing Trade Committee, which represents solar manufacturers of the United States. The committee accused foreign producers of selling solar products in the US at prices below production costs.
As the US government moves forward with its investigation, the final ruling is expected to come out in April 2025, with the country's International Trade Commission due to make its final decision in June 2025.
Industry stakeholders are awaiting the outcome, aware that the policy could have far-reaching implications for the solar industry.
CCTV/CGTN/REUTERS
Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe
Visit our website at https://www.manilatimes.net
Follow us:
Facebook - https://tmt.ph/facebook
Instagram - https://tmt.ph/instagram
Twitter - https://tmt.ph/twitter
DailyMotion - https://tmt.ph/dailymotion
Subscribe to our Digital Edition - https://tmt.ph/digital
Check out our Podcasts:
Spotify - https://tmt.ph/spotify
Apple Podcasts - https://tmt.ph/applepodcasts
Amazon Music - https://tmt.ph/amazonmusic
Deezer: https://tmt.ph/deezer
Tune In: https://tmt.ph/tunein
#TheManilaTimes
#tmtnews
#southeastasia
#solarpower
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