U.S. Plans Massive 3521% Tariff on Solar Panel Imports from Southeast Asia

The U.S. Commerce Department proposes steep tariffs on solar panels from Cambodia, Thailand, Malaysia, and Vietnam, citing unfair Chinese subsidies.

U.S. Proposes Up to 3521% Tariffs on Solar Imports

The U.S. Commerce Department has announced plans to impose heavy tariffs on solar panel imports from four Southeast Asian countries. According to BBC reports, the proposed tariffs could reach 3521%, following investigations revealing that major solar manufacturers sought protection from the Biden administration for their U.S. operations.

Targeted Countries and Companies

The proposed tariffs specifically affect companies based in Cambodia, Thailand, Malaysia, and Vietnam. U.S. officials claim these firms receive subsidies from China and flood the American market with low-cost products. The International Trade Commission will make a final decision in June.

Varying Tariff Rates

The Commerce Department’s proposed tariffs differ by company and country. For example:

Cambodian exporters face 3521% tariffs for non-cooperation with investigations. – Malaysian-made products by Chinese firm Jinko Solar will only incur 41% tariffs. – Trina Solar (producing in Thailand) will be hit with 375% tariffs.

Background: Avoiding Trump-Era Tariffs

Many Chinese firms relocated production to Southeast Asia to bypass tariffs imposed during Donald Trump’s presidency. U.S. solar manufacturers have welcomed the new tariffs, calling them a “major victory for American production.”

Trade Impact and Political Timing

In 2023, the U.S. imported $12 billion worth of solar equipment from these four countries. The tariff announcement comes just one week after China’s president visited Southeast Asia, emphasizing cooperation with the region. China has warned its trade partners against collaborating with U.S. efforts to restrict its influence.

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