LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

The US slaps anti-dumping tariffs on Southeast Asian solar panels

Robert Frost by Robert Frost
December 2, 2024
in Industries
The US slaps anti-dumping tariffs on Southeast Asian solar panels
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Photo: Qcells

The US has imposed new anti-dumping tariffs on solar panels imported from Southeast Asia, tightening restrictions on Chinese manufacturers accused of using these countries to avoid fair trade rules.

Most solar panels installed in the US are currently made abroad, and around 80% of those imported solar panels are made in Malaysia, Vietnam, Thailand, and Cambodia.

You might also like

U.S. moving fast to secure access to critical minerals to counter China’s dominance of market, Pentagon says

These 10 U.S. states are best positioned with electricity to power AI data center boom

Bitcoin is nearly double where it was a year ago. This is what’s behind the run

South Korean-headquartered Hanwha Qcells, which is building a major solar manufacturing supply chain in Georgia (pictured), joined forces with Arizona-based First Solar and other US manufacturers to file a petition in April. They urged the Biden administration to impose tariffs on solar panels and cells from the four Southeast Asian countries, accusing Chinese companies of solar panel dumping.

Solar panel dumping is when a company sells solar panels abroad for less than the cost to make them or below their fair market value. It’s a tactic to grab market share by undercutting local manufacturers, which can crush domestic competition, so governments often step in with tariffs to protect their industries from these unfair pricing moves.

Friday’s announcement marks the second preliminary decision in an ongoing US government investigation, which began after anti-subsidy duties were put in place in October. Reuters reports that the US Commerce Department posted on its website that “the agency calculated dumping duties of between 21.31% and 271.2%, depending on the company.” Affected companies include Chinese-headquartered Jinko Solar and Trina Solar. However, Hanwha Qcells’ Malaysia-made products received no dumping duties.

The US Commerce Department’s final determinations are set for April 18, 2025. The International Trade Administration will finalize its determinations on June 2, and final orders are expected a week later.

Read more: US to restore tariffs on solar panels from China


If you live in an area that has frequent natural disaster events, and are interested in making your home more resilient to power outages, consider going solar and adding a battery storage system. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them.

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*

FTC: We use income earning auto affiliate links. More.



Source link

Share30Tweet19
Previous Post

VC Roundup: November wraps with 99 deals across blockchain startups

Next Post

Real estate stocks are starting to recover, says Janus Henderson. Here’s where it sees opportunity

Robert Frost

Robert Frost

Jutawantoto Jutawantoto Jutawantoto Jutawantoto Berita Terbaru Hari

Recommended For You

U.S. moving fast to secure access to critical minerals to counter China’s dominance of market, Pentagon says
Industries

U.S. moving fast to secure access to critical minerals to counter China’s dominance of market, Pentagon says

July 15, 2025
These 10 U.S. states are best positioned with electricity to power AI data center boom
Industries

These 10 U.S. states are best positioned with electricity to power AI data center boom

July 15, 2025
Bitcoin is nearly double where it was a year ago. This is what’s behind the run
Industries

Bitcoin is nearly double where it was a year ago. This is what’s behind the run

July 15, 2025
Mercedes-Benz unveils the new CLA Shooting Brake — its first electric estate car
Industries

Mercedes-Benz unveils the new CLA Shooting Brake — its first electric estate car

July 15, 2025
Next Post
Real estate stocks are starting to recover, says Janus Henderson. Here’s where it sees opportunity

Real estate stocks are starting to recover, says Janus Henderson. Here’s where it sees opportunity

Related News

Sky, formerly Maker, launches USDS stablecoin on Solana

Sky, formerly Maker, launches USDS stablecoin on Solana

November 20, 2024
Comings & Goings – London Wallet

Comings & Goings – London Wallet

September 28, 2023
Sean Newman to host new ‘Estate Agent Success Summit’ next month – London Wallet

Sean Newman to host new ‘Estate Agent Success Summit’ next month – London Wallet

September 27, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?