U.S. Solar Industry Set for Shock From Tariffs on Southeast Asia -- Market Talk

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A new tariff of up to 3,521% has emerged, a major update in the Trump trade war! What exactly is going on?

According to a report by Bloomberg in the USA, the country has imposed new tariffs of up to 3,521% on solar products imported from four Southeast Asian countries. The tariffs announced on Monday are the final result of a year-long trade investigation. The investigation found that solar manufacturers in Cambodia, Vietnam, Malaysia, and Thailand unfairly benefitted from government subsidies and exported products to the USA at prices below production costs.

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