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News in English (USA) / 22.04.2025 / 08:00

US Finalizes Steep Tariffs on Southeast Asian Solar Imports

The US has officially imposed significant tariffs on solar imports from Southeast Asia, with rates reaching as high as 3,521%. This decision, stemming from trade tensions mostly involving China, is expected to raise costs for the American solar industry significantly. Companies like First Solar, Enphase, and Sunrun may face challenges in their earnings as the tariffs complicate supply chains and raise the price of solar cells and panels. Many industry stakeholders are now navigating this new landscape with rising costs affecting not just imports but also domestic solar installations.
Reuters, Bloomberg.com, "Barrons", Solar Power World, WSJ, Nikkei Asia, AP News, Yahoo, Solar Energy Industries Association, Spectrum News