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Home - Policy - New mutual rates will add costs to all heavily tested Southeast -Asian solar products
Policy

New mutual rates will add costs to all heavily tested Southeast -Asian solar products

solarenergyBy solarenergyApril 3, 2025No Comments1 Min Read
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In one executive order On Wednesday 2 April, President Trump announced new mutual rates for all trading partners “to balance global trade flows from 5 April”.

The order adds 10% rates to all trading partners, with Higher rates for certain countries. According to Law firm Norton Rose FulbrightThe rates do not apply to the import from Canada or Mexico, as long as 25% rates remain against those countries.

Some of the highest mutual rates focus on Southeast Asian countries with already high antidumping/countervailing tasks on solar cells and panels -Cambodia (49%), Malaysia (24%), Thailand (37%) and Vietnam (46%). These countries, together with South Korea (plagued at 26%), are responsible for the vast majority of the American C-Si solar cell import.

Although the final provisions on the Solar AD/CVD case have not yet been released, the provisional quantities are out.

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See also  Sembcorp and Equinix sign long-term PPAs in Singapore – SPE
add Asian costs heavily mutual products rates solar Southeast tested
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