The US will finalise a decision to impose import duties on solar panel makers who assembled their products in Southeast Asian nations to avoid tariffs on Chinese-made goods. The decision was opposed by buyers of solar panels that rely on cheap products made overseas to make their projects competitive.
This move can be considered good news for the small US solar manufacturing industry for reasons including:
- The industry has struggled to compete with Chinese goods
- The industry is enjoying renewed investment due to subsidies in US President Joe Biden’s landmark climate change law.
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