Reported 2 days ago
The US has implemented new tariffs on solar panel imports from Southeast Asia, extending anti-dumping duties to solar cells and raising concerns over increased consumer prices and reduced producer profit margins. While the industry anticipated this move, analysts suggest that affected producers may source from countries like Laos and Indonesia or absorb costs to remain competitive in the US market. This decision follows a trade case involving allegations of unfair pricing by Chinese companies, as US solar imports from Southeast Asia significantly contribute to the market.
Source: YAHOO