Overview
- The U.S. Department of Commerce has imposed anti-dumping and countervailing duties on solar imports from Cambodia, Vietnam, Malaysia, and Thailand, with rates as high as 3,521%.
- Cambodia faces the steepest tariffs due to non-cooperation with the investigation, while Malaysia has the lowest countrywide rate at 34.4%.
- The year-long investigation found that manufacturers in these countries benefited from Chinese subsidies and sold products at below-market rates, harming U.S. manufacturers.
- The tariffs, if finalized by the International Trade Commission in June, are expected to bolster U.S. solar panel manufacturers but may increase costs for renewable energy developers reliant on imports.
- In 2024, the U.S. imported $12.9 billion worth of solar equipment from the four targeted countries, representing 77% of total module imports.