-
Scam centres relocated from Cambodia operate in Madagascar
-
In-form Fernandez reaches Tokyo final
-
Marc Marquez on front row at Malaysian MotoGP as Martin ruled out
-
James, Maxey fuel 76ers over Knicks in NBA Cup thriller
-
Injured Martin out of Malaysian MotoGP in big title blow
-
High-speed, high-risk Route du Rhum yacht race sets off Sunday
-
US, S.Korea, Japan vow 'complete' N.Korea denuclearization
-
Fears of violence as France braces for Halloween protests
-
Nations commit to get nature goals back on track
-
OKC's Holmgren to miss at least eight weeks as Thunder injury woes deepen
-
US oil companies aim to squeeze more out of refineries
-
'Not very smart' - Verstappen slams Red Bull stable-mate after clash
-
How to Repurpose Old Furniture into New Treasures
-
Leclerc quickest in Mexico GP practice
-
Trump admin approves potential Patriot missiles sale to Ukraine
-
Polish riot police deployed as deposed court chief sets off crisis
-
Sun Goddess wins at Breeders' Cup, O'Brien leads Baffert
-
Young Canadians focus on mental health at key climate trial
-
Nations agree push to get nature goals on track
-
'Breath of fresh air' truce brings hope to Ukraine's ravaged Kherson
-
Leclerc shows practice pace as Antonelli prowls in Mexico
-
British king reflects on colonial atrocities in Guyana
-
Trump, Milei under pressure to explain Bolsonaro flight from Brazil
-
Nations agree crucial texts in overtime at UN nature summit
-
Hakimi bags hat-trick as Paris Saint-Germain rip Le Havre to pieces
-
NBA Trail Blazers lose guard Morant for four weeks
-
Polish riot police deployed after court chief suspended
-
UN nature summit in extra time as nations grapple for deal
-
Emery's focus fully on Fulham despite Barcelona tie
-
Complaints upheld against Swiss TV commentary on Israeli bobsleigher
-
Reigning champs chase history in New York Marathon
-
Tielemans glad Man Utd sticking with Carrick
-
Monaco taken off global money-laundering 'grey list'
-
Scottish police probe Andrew, Epstein stay at royal castle: UK media
-
Canada, EU launch new alliance with deals on Ukraine, minerals, AI
-
Medvedev into Vienna semis and books ATP Finals place
-
Tears, fear, anger: relatives of Spain train crash dead await fate
-
UN nature talks in extra time as nations struggle to reach deal
-
Spurs get Maddison boost ahead of Palace clash
-
Meta settles, leaving Snap sole defendant in new social media trial
-
French authorities fear new street violence at Halloween protests
-
Chelsea manager Alonso dismisses talk of Estevao loan deal
-
Rickelton, Mulder centuries lift South Africa's chances in Test decider
-
Thousands of students, workers hold peaceful protests in Italy
-
Maresca adamant Donnarumma can be dropped but first name selected
-
Iraola glad to raise Liverpool fans' hopes but says hard work ahead
-
EU and Canada to 'withstand shocks together' with new alliance
-
Pope Leo makes history with US midterm vote
-
Flick praises Yamal 'mentality' after missing out on Ballon d'Or
-
Arsenal boss Arteta fires 'Disneyland' warning at Dowman after Fleetwood red card
US to impose new duties on solar imports from Southeast Asia
The United States on Monday announced its intention to impose tariffs of up to 3,521 percent on solar panels from Southeast Asia, a move aimed at countering alleged Chinese subsidies and dumping in the sector.
The tariffs on companies from Cambodia, Thailand, Malaysia and Vietnam will still need to be ratified at a meeting of the International Trade Commission in June.
The decision unveiled Monday comes after anti-dumping and countervailing duty investigations filed around a year ago by several US and other solar manufacturers.
Those companies took aim at "unfair practices" that were said to have weighed on the US domestic solar market, particularly raising concern over Chinese-headquartered companies operating out of the Southeast Asian countries.
While Monday's move came after a year-long investigation, it follows on the heels of US President Donald Trump launching blistering trade wars through tariffs around the globe.
Trump's tariffs, which have seen the White House impose eyewateringly high levies before suspending some of them to allow for negotiations, are aimed at reducing US trade imbalances.
The Commerce Department's statement said the new recommended tariffs on solar cells, however, were taking specific aim at "transnational subsidies."
"In the CVD investigations involving Cambodia, Malaysia, Thailand, and Vietnam, Commerce found that companies in each country were receiving subsidies from the Government of China," the statement said, referring to countervailing duty probes.
"These are among the first CVD investigations wherein Commerce has made an affirmative finding that companies received transnational subsidies."
The case was brought by Hanwha Qcells, First Solar, Convalt Energy and others.
For the duties to be finalized, the International Trade Commission has until early June to make a final determination.
Among firms targeted were Chinese companies Jinko Solar and Trina Solar.
Products from Cambodia are set to face duties of up to 3,521 percent, according to the Commerce Department.
Jinko Solar faced duties of 40 percent for exports from Malaysia and around 245 percent for goods from Vietnam.
Trina Solar in Thailand will see duties of more than 375 percent, and more than 200 percent for products from Vietnam.
If imposed, the new levies will come on top of the blanket 10 percent levy imposed by Trump since early April on products entering the United States from most trading partners.
In 2023, the United States imported $11.9 billion in solar cells from the countries named in the latest action, according to official data.
L.Adams--AT