US to impose new tasks on the import of solar energy from Southeast -Asia
On Monday, the United States announced its intention to impose rates of up to 3,521 percent on solar panels from Southeast -Asia, a movement aimed at combating alleged Chinese subsidies and dumping in the sector.
The rates for companies from Cambodia, Thailand, Malaysia and Vietnam still have to be ratified during a meeting of the International Trade Commission in June.
The decision revealed on Monday after anti-dumping and countervailing Duty investigations that were submitted about a year ago by various American and other solar manufacturers.
Those companies focused on “unfair practices” that it was said to have weighed on the domestic solar market of the US, in particular concerned about the Chinese varied companies operating from the Southeast Asian countries.
While Monday’s movement came after a year of research, this follows the heels of US President Donald Trump, which launches blister -shaped trade wars through rates around the world.
Trump’s rates, who have seen the White House in the eye, are imposed eye water taxes before some of them are suspended to allow negotiations, are aimed at reducing the imbalances of American trade.
The statement of the commerce department said that the new recommended rates on solar cells had a specific target on ‘transnational subsidies’.
“In the CVD studies in which Cambodia, Malaysia, Thailand and Vietnam were involved, the trade showed that companies received subsidies from the Government of China in every country,” said the statement, referring to the probes of the countervailing.
“These are one of the first CVD investigations in which trade did a confirming finding that companies have received transnational subsidies.”
The case was set by Hanwha Qcells, first solar energy, conval energy and others.
To complete the tasks, the International Trade Commission made a final decision until the beginning of June.
Under the target, Chinese companies were Jinko Solar and Trina Solar.
According to the Commerce Department, products from Cambodia are able to experience tasks up to 3,521 percent.
Jinko Solar was confronted with tasks of 40 percent for export from Malaysia and around 245 percent for goods from Vietnam.
Trina Solar in Thailand will see tasks of more than 375 percent and more than 200 percent for products from Vietnam.
If imposed, the new levies will be 10 percent levy imposed by Trump since the beginning of April on products that enter the United States of most trading partners.
In 2023, according to official data, the United States imported $ 11.9 billion into solar cells from the countries mentioned in the last action.
Byss-AHA/MTP