Climate change be damned.
This from the World’s second largest emitter of carbon dioxide greenhouse gas emissions. Expect more, worst, from the Trump administration.
U.S. trade officials announced on Friday a new round of tariffs on solar panel imports from four Southeast Asian nations after American manufacturers complained that companies there are flooding the market with unfairly cheap goods.
It is the second of two preliminary decisions that President Joe Biden’s Commerce Department is making this year in a trade case brought by Korea’s Hanwha Qcells, Arizona-based First Solar Inc and several smaller producers seeking to protect billions of dollars in investments in U.S. solar manufacturing.
The group, the American Alliance for Solar Manufacturing Trade Committee, accused big Chinese solar panel makers with factories in Malaysia, Cambodia, Vietnam and Thailand of causing global prices to collapse by dumping products into the market.
According to a preliminary decision posted on the U.S. Commerce Department’s website on Friday, the agency calculated dumping duties of between 21.31% and 271.2%, depending on the company, on solar cells from Cambodia, Malaysia, Thailand and Vietnam.
A list of preliminary tariffs can be seen on the US’s International Trade Administration’s (ITA) website.
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