TSXV:ACU - Post Discussion
Post by
ARIMA11 on Dec 05, 2022 1:29pm
Interesting
https://www.wsj.com/articles/chinese-solar-manufacturers-dodged-u-s-tariffs-probe-finds-11669952820?
The suspension applies to solar imports from the four countries covered by the investigation: Cambodia, Thailand, Vietnam and Malaysia
The Chinese companies that were found to have circumvented the tariffs are BYD (H.K.) Co., Canadian Solar International Ltd., Trina Solar Science & Technology (Thailand) Ltd. and Vina Solar Technology Co., according to a senior Commerce official. Together, they account for more than half of all solar-cell imports into the U.S.
LONGi Solar, of which Vina is a unit, has given the Commerce Department “evidence of significant, high-value solar manufacturing operations in Southeast Asia, which it asserts does not circumvent tariffs,” a company spokesperson said.
Of the eight companies the Commerce investigators examined, four were found compliant with the tariff rules: Hanwha Q Cells and JinkoSolar with bases in Malaysia, New East Solar in Cambodia and Boviet Solar Technology in Vietnam.
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