US launches probe into Thai solar cells

Quick Summary:

The US Commerce Department has initiated anti-dumping (AD) and countervailing duty (CVD) probes into solar cell imports from Southeast Asian nations, including Thailand.

As for the other countries, the US plans to impose retroactive duties for up to 90 days at the preliminarily determined rate of dumping or subsidisation: Cambodia at 8.25% to 68.5%, Malaysia at 3.47% to 124%, and Vietnam at 0.81% to 293%.

In addition, a preliminary affirmative determination was issued for "whether a countervailable subsidy is being provided with respect to" those solar cells and modules.

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Article Details

Category: EconomyBusiness

Markets: ThailandCambodiaMalaysiaVietnam

Topics: Vietnam Thailand Cells Solar Modules Dumping Trade Commerce Cell Department Products

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-05 @ 05:31:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 394 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 27 words per sentence (average)

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

Copyright Owner: © Bangkok Post

News ID: 22889549

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Official Website: bangkokpost.com

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