PETALING JAYA: The United States has set new duties as high as 3,521% on solar imports from four South-East Asian countries, delivering a win for domestic manufacturers while intensifying headwinds already threatening the country’s renewable power development.
The duties announced on Monday are the culmination of a year-long trade probe which found that solar manufacturers in Cambodia, Vietnam, Malaysia and Thailand were unfairly benefiting from government subsidies and selling exports to the Unite States at rates lower than the cost of production.
