Tariffs of up to 3,521% on Solar Product Imports. First Solar is a Beneficiary!

The tariff policy in the USA continues. On Monday, plans were finalized for tariffs of up to 3,521% on solar imports from Cambodia, Vietnam, Malaysia, and Thailand. The US Department of Commerce had investigated whether Chinese companies in these countries were manufacturing solar products at low costs and then importing them into the US at very low prices. Affected by the tariffs are competitors of First Solar, such as Jinko and Trina. For the Malaysian products from Jinko Solar, relatively low tariffs of 41.56% were set, while the Thai products...