Malaysian solar energy firms to face import duties as US seeks to protect local industry

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Hanwha Q Cells News

Solar Energy,Renewable Energy,Us Import Tariff

KUALA LUMPUR, Oct 2 – The United States Commerce Department has reportedly imposed preliminary duties on solar energy imports from Malaysia and other Southeast Asian countries,...

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Malaysian imports are expected to face 9.13 per cent of tariffs, lower than the initial rate of 14.72 per cent that is currently implemented on local firm Hanwha Q Cells Malaysia Sdn Bhd. The US has imposed similar duties on solar imports from China in the past, prompting Chinese companies to move their operations to other countries in the region.

 

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