🚨 MASSIVE U.S. SOLAR TARIFFS: SOUTHEAST ASIA HIT HARD
The U.S. has imposed sky-high tariffs—up to 3,521%—on solar panel imports from Cambodia, Vietnam, Malaysia, and Thailand.
Why?
Washington accuses these countries of benefiting from unfair subsidies and dumping panels below cost.
Top Tariffs:
• Cambodia 🇰🇭 – 3,521%
• Vietnam 🇻🇳 – 395.9%
• Thailand 🇹🇭 – 375.2%
• Malaysia 🇲🇾 – 34.4%
Who Gains:
• U.S. solar manufacturers like First Solar and Hanwha Q Cells
Who Hurts:
• U.S. clean energy developers now facing higher costs & supply chain risk
What’s Next:
Companies are shifting production to Indonesia, Laos & Oman. A final ruling from the U.S. International Trade Commission is expected next month.
Source: Bloomberg via The Business Standard
