Chinese solar firms, ever-nimble, go further afield where US tariffs don't reach

Quick Summary:

Some of the biggest Chinese-owned solar factories in Vietnam are cutting production and laying off workers, spurred on by the expansion of US trade tariffs targeting it and three other Southeast Asian countries.

More than a dozen people in five countries, including employees at Chinese plants, officials at non-Chinese solar companies and lawyers were interviewed for this article.

Washington slapped tariffs on solar exports from those four Southeast Asia nations last year and expanded them in October following complaints from manufacturers in the US.

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Article Details

Category: EconomyBusiness

Markets: ThailandCambodiaChinaIndonesiaLaosMalaysiaSaudi ArabiaUnited StatesVietnam

Topics: Vietnam Production Year Reuters Tariffs Solar China Laos Companies Capacity Chinese

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 08:59:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 1335 words

Reading Time: 8 minutes read

Sentences: 59 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23387328

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