🚨🇺🇸⚡ MASSIVE SOLAR #TARIFFS : US HITS SOUTHEAST ASIA WITH DUTIES UP TO 3,521%

The US slaps tariffs on #solar imports from Cambodia, Vietnam, Malaysia & Thailand.

🔹Reason: Alleged unfair subsidies & below-cost pricing.

🔴Highest duties:

Cambodia🇰🇭(3,521%),

Vietnam🇻🇳(395.9%)

Thailand🇹🇭(375.2%)

Malaysia🇲🇾(34.4%).

🔹Winners: US manufacturers like First Solar & Hanwha Q Cells.

🔹 Losers: US renewable developers facing rising costs & supply uncertainty.

🔹Companies shift ops to Indonesia, Laos, Oman to dodge tariffs.

🔹Final ruling pending from US International Trade Commission next month.

-Bloomberg via The Business Standard