US levies anti-dumping duties on Vietnamese solar panels

Society – Economy - Ngày đăng : 12:18, 02/12/2024

The United States Department of Commerce (DOC) has announced plans to impose preliminary anti-dumping tax ranging from 21% to 217% on solar panels imported from four Southeast Asian countries, including Malaysia, Cambodia, Thailand, and Vietnam, according to details given by the Trade Remedies Authority of Vietnam (TRAV).

Accordingly, solar panels from several exporters in Vietnam, including JA Solar Vietnam, Jinko Solar (Vietnam) Industries, Boviet Solar Technology, and Trina Solar Energy Development Company, are all to be subject to anti-dumping tax rates of between 53.3% and 56.51%. The remaining Vietnamese solar panel exporters will be subject to tariffs of up to 271.28%.

Meanwhile, solar panels from Cambodia, Thailand, China, and Malaysia all face a rate of 117.12%, 77.85%, 21.31%, and 81.24%, respectively.

The final anti-dumping duties placed on solar panels imported from the four Southeast Asian countries will be announced by the DOC ahead on April 18, 2025.

Local businesses have been advised to fully co-operate with the DOC during the process, keep a close watch on the case’s developments, study the US’ policy and anti-dumping procedures, and keep in contact with TRAV for timely support.

VOV