Caixin
Aug 19, 2023 04:07 AM
BUSINESS

Chinese Solar Makers Face New Tariffs After U.S. Finds They’re Dodging Duties

00:00
00:00/00:00
Listen to this article 1x
Some solar cells and modules exported from Southeast Asia could face tariffs as high as 254% in June 2024
Some solar cells and modules exported from Southeast Asia could face tariffs as high as 254% in June 2024

(Bloomberg) — A U.S. government probe concluded that some manufacturers in Asia are illegally bypassing tariffs on Chinese solar equipment, exposing them to duties that threaten to boost the cost of renewable power and slow the development of clean energy.

Some solar cells and modules exported from Southeast Asia could face tariffs as high as 254% in June 2024 after the Commerce Department determined that companies operating in Cambodia, Malaysia, Thailand and Vietnam are avoiding the longstanding duties.

loadingImg
You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code