Wednesday, October 8, 2025

Latest

US Readies Up To 3,521% Tariff on Southeast Asian Solar Panels

The US Commerce Department is set to impose tariffs as high as 3,521% on solar panel imports from Cambodia, Thailand, Malaysia, and Vietnam, escalating trade tensions just as global leaders prepare to convene in London to address growing energy security concerns.

The tariffs—triggered by allegations of Chinese solar manufacturers using Southeast Asian factories to sidestep existing duties—are among the steepest in recent history. Cambodia faces the harshest penalty, with duties of 3,521% after its companies failed to cooperate with the US investigation.

Chinese firms Jinko Solar and Trina Solar face duties of 41% and 375%, respectively, for products assembled in Malaysia and Thailand.

A final decision from the US International Trade Commission is expected in June.

The case, brought by US and South Korean solar manufacturers including Hanwha Qcells and First Solar, alleges that Chinese producers, benefiting from state subsidies, are dumping products below cost via Southeast Asian proxies.

Yet not all stakeholders are aligned. The Solar Energy Industries Association warns the tariffs could cripple US panel assembly by raising prices on imported cells.

“Punishing the inputs needed for American production is counterproductive,” one industry analyst noted.

The tariff announcement casts a shadow over this week’s global energy summit in London, hosted by the IEA and UK Energy Secretary Ed Miliband. The summit, drawing ministers from the US, Japan, France, Germany, and India—as well as energy majors like ExxonMobil, Shell, and Vestas—is set against a backdrop of geopolitical instability and fractured supply chains.

Despite the high-profile guest list, the absence of China—citing scheduling conflicts—limits the summit’s potential for unified action.


Information for this briefing was found via The Guardian and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Trump Strikes with 25% Secondary Tariff on Venezuela, Shaking Global Oil Trade

President Donald Trump has announced the imposition of a secondary tariff on Venezuela, aiming to...

Tuesday, March 25, 2025, 11:28:00 AM

Joe Biden to Scrap Tariffs on Solar Panels

US President Joe Biden is expected to lift some tariffs imposed during the Trump administration...

Monday, June 6, 2022, 04:33:00 PM

Japan’s Kato Says US Debt Holdings Give Tokyo Potential Leverage

Japan has signaled it could leverage its position as the largest foreign holder of US...

Friday, May 2, 2025, 10:34:00 AM

China’s 25,000 Ton Gold Stash:  Preparing to Kill the Dollar? | Craig Hemke

In this interview, Craig Hemke from TF Metals Report provides a dive into the complex...

Thursday, April 17, 2025, 02:14:00 PM

Canada Finds New Markets to Offset Trump Tariff Impact

Canada appears to have successfully pivoted its export strategy in response to US trade measures,...

Wednesday, May 7, 2025, 02:51:00 PM