The United States has announced new anti-dumping and countervailing duties on solar products imported from Cambodia, Vietnam, Thailand, and Malaysia, following the conclusion of a year-long trade investigation.
According to the U.S. Department of Commerce, certain companies in Cambodia face duties as high as 3,521%. In Vietnam, unnamed firms are subject to 395.9% tariffs; in Thailand, 375.2%; and in Malaysia, 34.4%. The investigation found dumping margins of 125.37% for Cambodia, 271.28% for Vietnam, 111.45% for Thailand, and 8.59% for Malaysia.
The new tariffs come on top of sweeping duties imposed under former President Donald Trump, which have already reshaped global supply chains and disrupted international markets.
According to Bloomberg, the four Southeast Asian countries collectively exported $12.9 billion worth of solar equipment to the U.S. last year, accounting for 77% of total U.S. solar imports.
The move is expected to further strain trade relations and could have significant implications for the renewable energy sector, which relies heavily on imported components.