US moves to slap new duties on solar imports from Asia

The United States has announced a move to slap 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.

The decision, which was unveiled on Monday, comes after anti-dumping and countervailing duty investigations filed around a year ago by several US and other solar manufacturers.

Those companies took aim at unfair practices that were said to have weighed on the US domestic solar market, particularly raisi...
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