Phyrex
Phyrex|Apr 22, 2025 15:06
The United States has imposed tariffs of up to 3521% on imported solar products from Cambodia, Vietnam, Malaysia, and Thailand. This tariff was implemented after a one-year investigation found that Chinese companies avoided tariffs on domestic Chinese products by setting up factories in these countries and exporting solar products to the United States at prices lower than cost and with government subsidies. Cambodia faces the highest tariff of 3521% due to its failure to cooperate with the investigation. Some companies in Vietnam and Thailand, such as Trina Solar and Jinko Solar, face tariffs of up to 395.9% and 375.2% respectively. Jinko Solar products from Malaysia are subject to a tariff of approximately 41%. Last year, these four countries supplied US $12.9 billion worth of solar equipment to the United States, accounting for 77% of the total module imports. By the way, this survey was started during the Biden era, and the results were carried out by Trump. Due to the high tariffs on a single project, the impact on the overall risk market and the US stock market is not significant. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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