US Imposes Anti-Dumping Tariffs on Solar Panels from Southeast Asia

The new tariffs target Chinese companies using Southeast Asian countries to bypass trade rules, with duties reaching up to 271.2%.

The US Department of Commerce has announced anti-dumping tariffs on solar panels and cells imported from Cambodia, Malaysia, Thailand, and Vietnam.
The tariffs, ranging from 21.31% to 271.2%, aim to address allegations that Chinese companies are using these countries to avoid US trade restrictions.
Major Chinese manufacturers, including Jinko Solar and Trina Solar, face company-specific rates, while South Korea's Hanwha Qcells' Malaysia-made products were exempted.
The tariffs are expected to increase US solar panel prices and reduce profit margins for Southeast Asian producers, potentially encouraging more domestic manufacturing in the US.
The final determinations on these tariffs are expected in April 2025, with the International Trade Administration set to finalize orders in June 2025.