U.S. puts tariffs up to 3,521% on Southeast Asia solar imports, Bloomberg says

The U.S. set new duties as high as 3,521% on solar imports from four Southeast Asian countries, reported Bloomberg’s Mark Chediak and Jennifer Dlouhy. A year-long trade probe that found solar manufacturers in Cambodia, Vietnam, Malaysia and Thailand were unfairly benefiting from government subsidies and selling exports to the US at rates lower than the cost of production, the report noted. Publicly traded companies in the space include First Solar (FSLR), Array Technologies (ARRY), Canadian Solar (CSIQ), Emeren (SOL), FTC Solar (FTCI), JinkoSolar (JKS), Maxeon Solar (MAXN), Shoals Technologies (SHLS), SolarEdge (SEDG) and SunPower (SPWR).