"3,500% Tariffs Cloud Outlook For US Solar Industry" [1]
"American manufacturers saw the move as a victory but warned that legislation in Congress threatens any potential benefits to industry."
"The International Trade Commission backed solar tariffs as high as 3,521 percent in a vote Tuesday, shaking up a renewable industry facing multiple headwinds from potential congressional rollbacks of tax credits and cuts in federal spending.
The ITC, a nonpartisan federal agency, concluded unanimously that U.S. manufacturers were “materially injured” by imported solar cells and panels from four Southeast Asian countries. The Commerce Department had affirmed the tariffs against Cambodia, Malaysia, Thailand and Vietnam in April after an investigation that started during the Biden administration, but the final ITC determination sets the stage for actual enforcement of levies.
The decision is a win for several U.S. solar manufacturers — including industry leader First Solar — that filed a petition claiming China was unfairly subsidizing companies in the four countries to illegally dump solar components into the market. Cambodia, Malaysia, Thailand and Vietnam supply the majority of solar panels coming into the U.S."