US Imposes Tariffs Up to 3,521% on Asian Solar Imports
The US set new duties as high as 3,521% on solar imports from four Southeast Asian countries, delivering a win for domestic manufacturers while intensifying headwinds
The trade tensions on solar imports from Southeast Asia aren't new. After the over-300% tariff on Chinese solar products reduced US solar imports from China to nearly zero, the country seemingly ramped up manufacturing capacity in these four countries to get their products into the US.
Back in 2012, the U.S. International Trade Commission imposed anti-dumping tariffs on solar modules made in China. Before that, the anti-dumping duties were not applied to solar modules made with cells produced out of China. Since June 2014, however, these products were also required to be subject to anti-dumping charges.
The tariffs, which will apply to certain solar products made by Chinese companies in Southeast Asia, kicked in at a moment of growing global concern about a surge of cheap Chinese solar products that are undercutting U.S. and European manufacturers.
The import of Chinese solar panels into Europe, which had been regulated by surcharges since 2013, is now free. As of September 4, there is no longer a mechanism to protect European manufacturers from falling Chinese PV prices. European solar panel manufacturers have to step up their creativity to survive.
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