The U.S. Department of Commerce has initiated significant tariffs on solar panels imported from Southeast Asia, targeting countries like Cambodia, Malaysia, Thailand, and Vietnam, based on a year-long investigation. With tariffs as high as 3,521 percent, these measures seek to combat the practice of dumping, where solar cells were found to be sold below fair market value. The investigation revealed that these countries were being used as proxies for Chinese manufacturers benefiting from state subsidies, negatively impacting U.S. solar manufacturers. This move reflects the Commerce Department's commitment to holding China accountable for its predatory trade practices.
According to a yearlong investigation, the Commerce Department found that solar cells imported from Southeast Asia have been sold below fair market value, benefiting from Chinese subsidies.
The Commerce Department is preparing to impose tariffs up to 3,521 percent on solar panels from Cambodia, Thailand, Malaysia, and Vietnam as a response to unfair trade practices.
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