US Imposes Duties on Solar Panels From Southeast Asia [Yahoo! Finance]
First Solar, Inc. (FSLR)
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Source: Yahoo! Finance
imports from Southeast Asia, after an initial finding the equipment is benefiting from illegal government aid. Most Read from Bloomberg The determination marks an early victory for domestic panel makers who say cheap imports are harming their operations and threatening investments meant to cultivate a US solar supply chain. They asked the government to impose the duties, arguing the equipment benefits from unfair foreign subsidies and is being sold at prices below the cost of production. The targeted nations provide the bulk of US solar cell and module imports, and the swift imposition of countervailing duties means renewable developers will face higher prices for that equipment right away. For many imports from Thailand and Vietnam, rates will apply retroactively, going back 90 days to early July. The case marks only the latest bid by US manufacturers to confront overseas rivals, beginning with similar duties on solar imports from China roughly 12 years ago. Chinese manufactu
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