Reuters · India · Nation Thailand
US targets solar imports from India, Indonesia and Laos with steep duties
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The US Commerce Department has announced steep duty rates on imports of solar cells and panels from India, Indonesia and Laos after an investigation found that producers in the three countries had sold products at unfairly low prices in the United States and benefited from government subsidies.
Key facts
- Reuters reported that the department set anti-dumping margins at 123.04% for Indian producers, 94.36% for those in Indonesia and 65.43% for producers in Laos.
- The department also set countervailing duty rates at 126.09% for Indian producers
- Indonesian manufacturers face rates ranging from 73.2% to 173.7%, while producers in Laos face rates of between 82.03% and 153.67%.
- Thailand’s EXAT plans to raise THB20bn for Phuket expressway Phase 1
- The United States first imposed anti-dumping and countervailing duties on Chinese solar products in 2012, a move that subsequently encouraged Chinese manufacturers to shift production to other Asian countries.
Summary
Reuters reported that the department set anti-dumping margins at 123.04% for Indian producers, 94.36% for those in Indonesia and 65.43% for producers in Laos.
The department also set countervailing duty rates at 126.09% for Indian producers. Indonesian manufacturers face rates ranging from 73.2% to 173.7%, while producers in Laos face rates of between 82.03% and 153.67%.