US targets India, Indonesia & Laos with import tariffs on solar panels – a covert move to shield domestic aluminium industry?
The United States’ dumping allegation against India has now extended beyond aluminium to include solar panels. Indonesia and Laos are also carrying similar accusations, as a group of US solar panel manufacturers have claimed that an influx of cheap products from these countries is harming the domestic market of solar items.
Image source: Britannica
On Thursday, July 17, the Alliance for American Solar Manufacturing and Trade filed a formal petition, citing the surge in imports from Indonesia, Laos, and India intensified following the imposition of steep tariffs of up to 3,500 per cent on solar panels imported from Malaysia, Cambodia, Vietnam, and Thailand. The allegation is clear that the countries hit by US tariffs are rerouting their solar exports through these new channels to sidestep trade barriers.
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Can Southeast Asia’s export economy withstand tightening US tariffs?
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