Solar manufacturers petition U.S. to impose tariffs on imports from four Southeast Asian nations
Publishing timestamp: 2024-04-24 12:18:52
Summary
U.S. solar manufacturers, including First Solar, petition the federal government to impose tariffs on solar cell imports from Cambodia, Malaysia, Thailand, and Vietnam, alleging that these countries are flooding the U.S. market with cheap products that threaten domestic industry. The move has divided the U.S. solar industry, with some trade associations opposing the tariffs, citing concerns about market volatility and job losses. The investigations by the International Trade Commission and Commerce Department could take about 12 months to conclude.
Sentiment: MIXED
Keywords: life, array technologies inc, markets, business news, politics, energy, first solar inc, climate, breaking news: markets,