What if China imposes new solar tariffs on imports from Southeast Asia?

When the presidential moratorium on new solar tariffs on imports from Southeast Asia expires next June , imports of solar cells and modules from these five companies will be subject to the tariffs faced by Chinese solar manufacturers, with the tariff level ranging from 50 percent to 250 percent of the import value.

Will China increase tariffs on solar panels in the US?

An increase in trade tariffs on the import of solar panels produced in China into the US aims to support local production, but it could also challenge the country’s plans for widespread renewable energy adoption.

Are EU tariffs affecting Chinese solar panels?

The European Union has had anti-dumping tariffs on imports of Chinese solar panels since 2014. In addition to the impact of tariffs in raising prices, changing supply chain trends are shifting towards local production.

How are tariffs affecting the solar industry?

Tariffs aim to foster the development of domestic manufacturing, but in the short term, tariffs on solar panel imports from China, the world’s largest producer, are raising costs for the solar industry. Logistics challenges are also contributing to the shift to local products.

Why are US solar panels not importing from China?

According to US consulting firm Rystad Energy, domestic producers have not filled the gap while direct shipments of solar panels from China have fallen because of the tariffs. In 2021, US solar module production was projected to have totaled 5.2GW, compared to 27.8GW of imports, largely from Malaysia, Vietnam, Thailand, and South Korea.

Are Chinese companies skirting US tariffs on Chinese and Taiwanese solar panels?

Auxin Solar, a small California-based solar panel manufacturing company, petitioned the US government, arguing that Chinese companies are skirting US tariffs on Chinese and Taiwanese solar cells and modules by effectively routing equipment through countries in Southeast Asia that are not subject to the same tariffs.