Trade probe of solar imports from Thailand, 3 other countries poses threat to US projects - News Summed Up

Trade probe of solar imports from Thailand, 3 other countries poses threat to US projects


Trade probe of solar imports from Thailand, 3 other countries poses threat to US projectsA potential Commerce Department probe of solar imports from Southeast Asia has the potential to freeze investment in the United States, industry leaders warned on Tuesday. The agency is set to decide by Mar 25 whether to formally investigate whether solar products from Malaysia, Thailand, Vietnam and Cambodia circumvent longstanding solar tariffs. The four countries supply about 80% of US solar imports and the risk of trade restrictions could drag down shipments. The trade dispute threatens to intensify existing headwinds for the US solar industry, which is already seeing slower growth amid higher costs, shipping delays and supply chain disruptions. “The entire solar industry is watching what the Commerce Department does,” Hopper said.


Source: Bangkok Post March 16, 2022 16:12 UTC



Loading...
Loading...
  

Loading...