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The United States may initiate a new round of PV trade tariffs

Jun.26.2024

In a recent press conference, US Treasury Secretary Janet Yellen hinted at measures to protect domestic solar manufacturing. In a recent press conference, US Treasury Secretary Janet Yellen hinted at measures to protect domestic solar manufacturing. Yellen mentioned the Inflation Reduction Act (IRA) when talking to reporters about the administration's plans to reduce its heavy reliance on China for clean energy supplies. "So, we are trying to nurture industries, such as solar cells, electric batteries, electric vehicles and so on, and we think that the massive investment in China is actually creating some overcapacity in those areas," she said. So we are giving tax subsidies to those industries and to some of them."

While there is no official word yet, RothMKM analysts expect that new anti-dumping and countervailing duty (AD/CVD) cases could be filed after April 25, 2024, which is the date when the new AD/CVD regulations from the U.S. Department of Commerce (DOC) go into effect. The new rules could include an increase in anti-dumping duties. AD/CVD regulations are expected to cover four Southeast Asian countries: Vietnam, Cambodia, Malaysia and Thailand.

In addition, RothMKM's PhilipShen said that India may also be included in the list. In a recent press conference, US Treasury Secretary Janet Yellen hinted at measures to protect domestic solar manufacturing. In a recent press conference, US Treasury Secretary Janet Yellen hinted at measures to protect domestic solar manufacturing. Yellen mentioned the Inflation Reduction Act (IRA) when talking to reporters about the administration's plans to reduce its heavy reliance on China for clean energy supplies. "So, we are trying to nurture industries, such as solar cells, electric batteries, electric vehicles and so on, and we think that the massive investment in China is actually creating some overcapacity in those areas," she said. So we are giving tax subsidies to those industries and to some of them."

While there is no official word yet, RothMKM analysts expect that new anti-dumping and countervailing duty (AD/CVD) cases could be filed after April 25, 2024, which is the date when the new AD/CVD regulations from the U.S. Department of Commerce (DOC) go into effect. The new rules could include an increase in anti-dumping duties. AD/CVD regulations are expected to cover four Southeast Asian countries: Vietnam, Cambodia, Malaysia and Thailand.

In addition, RothMKM's PhilipShen said that India may also be included in the list. Yellen mentioned the Inflation Reduction Act (IRA) when talking to reporters about the administration's plans to reduce its heavy reliance on China for clean energy supplies. "So, we are trying to nurture industries, such as solar cells, electric batteries, electric vehicles and so on, and we think that the massive investment in China is actually creating some overcapacity in those areas," she said. So we are giving tax subsidies to those industries and to some of them."

While there is no official word yet, RothMKM analysts expect that new anti-dumping and countervailing duty (AD/CVD) cases could be filed after April 25, 2024, which is the date when the new AD/CVD regulations from the U.S. Department of Commerce (DOC) go into effect. The new rules could include an increase in anti-dumping duties. AD/CVD regulations are expected to cover four Southeast Asian countries: Vietnam, Cambodia, Malaysia and Thailand. Yellen mentioned the Inflation Reduction Act (IRA) when talking to reporters about the administration's plans to reduce its heavy reliance on China for clean energy supplies. "So, we are trying to nurture industries, such as solar cells, electric batteries, electric vehicles and so on, and we think that the massive investment in China is actually creating some overcapacity in those areas," she said. So we are giving tax subsidies to those industries and to some of them."

While there is no official word yet, RothMKM analysts expect that new anti-dumping and countervailing duty (AD/CVD) cases could be filed after April 25, 2024, which is the date when the new AD/CVD regulations from the U.S. Department of Commerce (DOC) go into effect. The new rules could include an increase in anti-dumping duties. AD/CVD regulations are expected to cover four Southeast Asian countries: Vietnam, Cambodia, Malaysia and Thailand.

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