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International Business Times
International Business Times
Business

US To Impose New Duties On Solar Imports From Southeast Asia

Solar panels are the latest target of US tariffs, with duties of up to 3,521 percent on imports from Southeast Asia in a move against alleged Chinese dumping (Credit: AFP)

The United States on Monday announced its intention to impose tariffs of up to 3,521 percent on solar panels from Southeast Asia, a move aimed at countering alleged Chinese subsidies and dumping in the sector.

The tariffs on companies from Cambodia, Thailand, Malaysia and Vietnam will still need to be ratified at a meeting of the International Trade Commission in June.

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