US plans tariffs up to 3,521 percent on Southeast Asian solar panels

The US Commerce Department will impose tariffs of up to 3,521 percent on solar panel imports from Cambodia, Thailand, Malaysia, and Vietnam, citing unfair trade practices linked to Chinese subsidies and product dumping. The move follows a year-long investigation prompted by US solar manufacturers, Reuters reported.

The tariffs, varying by company and country, aim to support domestic production but may raise costs for businesses and consumers. A final decision is expected from the US International Trade Commission in June.

The announcement comes shortly after Chinese President Xi Jinping’s visit to the region, where he criticized US trade actions, according to Reuters. 

China has responded with 125 percent tariffs on US goods and pledged to retaliate further.