US sets 375% tariff on Thai solar cells in trade case
US trade officials finalised steep tariff levels on most solar cells from Southeast Asia, a key step toward wrapping up a year-old trade case in
Soon, Thailand's solar exports to the US soared. But, in June 2024, a two-year US tariff waiver on solar products from South-east Asia – introduced by then President Joe Biden to boost solar deployment in the country – came to an end.
on their products exported to the US. Analysts say the tariffs threaten to hurt Thailand's manufacturing sector and its workers, and could have a knock-on impact on solar roll-out in the country.
Their tariff deliberations over the past year have rocked Thailand's solar industry. “There has been a broad suspension of operations among Chinese companies in South-east Asia, including Thailand, with many closures likely to be permanent,” said Mr Zhu Linxiao, a research fellow at the Oxford Institute for Energy Studies.
Large Chinese companies dominate Thailand's solar manufacturing industry, which produces solar cells and panels for export to the US market. to protect its home-grown solar sector from a rising tide of cheap Chinese imports, Thailand's industry is being squeezed. Swipe. Select. Stay informed. on their products exported to the US.
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