U.S. sets tariffs as high as 3,403% on solar cells from Southeast Asia

U.S. sets tariffs as high as 3,403% on solar cells from Southeast Asia U.S. sets tariffs as high as 3,403% on solar cells from Southeast Asia

NEW YORK — Tariffs as high as 3,403.96% are poised to be slapped on solar cells and panels imported from Southeast Asia but predominantly made in Chinese-owned factories, the U.S. Department of Commerce announced Monday, in another blow to Chinese goods as the U.S. administration cracks down on imports.

The antidumping and countervailing duties will fall on solar cells, including those in modules, coming from Cambodia, Thailand, Vietnam and Malaysia. The duties are imposed on goods that are found to benefit from unfair pricing by foreign companies and unfair subsidies to foreign companies by their governments.