The United States on Friday will finalise a decision to impose import duties on solar panel makers who finished their products in Southeast Asian nations to avoid tariffs on Chinese-made goods, according to a senior Commerce Department official.
But it is good news for the small US solar manufacturing industry, which for years has struggled to compete with Chinese goods and is enjoying renewed investment due to subsidies in US President Joe Biden's landmark climate change law. Other companies operating in those nations have the ability to pursue a certification process to show that they are not circumventing tariffs. To become certified, solar cells and panels must contain non-Chinese wafers and three other key components.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: