US sets tariffs for solar panels from South-east Asian nations: Malaysia, Cambodia, Vietnam and Thailand

American makers of solar panels say companies in Malaysia, Cambodia, Vietnam and Thailand are flooding the market with unfairly cheap goods. PHOTO: REUTERS

Nov 30, 2024, 07:37 PM

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WASHINGTON – US trade officials announced on Nov 29 a new round of tariffs on solar panel imports from four South-east Asian nations after American manufacturers complained that companies there are flooding the market with unfairly cheap goods.

It is the second of two preliminary decisions that President Joe Biden’s Commerce Department is making in 2024 in a trade case brought by South Korea’s Hanwha Qcells, Arizona-based First Solar and several smaller producers seeking to protect billions of dollars in investments in US solar manufacturing.

The group, the American Alliance for Solar Manufacturing Trade Committee, accused big Chinese solar panel makers with factories in Malaysia, Cambodia, Vietnam and Thailand of causing global prices to collapse by dumping products into the market.

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