-
Emotional Dimitrov enjoys redemptive Wimbledon win over Mensik
-
Endrick says versatility could help Brazil against Norway
-
New York ready for epic Swift-Kelce fairytale wedding
-
Ghana have 'duty to Africa' to progress at World Cup, says Queiroz
-
Rubio says USA 'screwed' by World Cup red card
-
Former Celtics star Brown in shock over trade to 76ers
-
Heat dome roasts eastern US ahead of holiday weekend
-
Progress, further delay risk for Boeing Air Force One: report
-
WHO declares cruise ship hantavirus outbreak over
-
US coach Pochettino '200% Argentine' but embraces Americana
-
Sciver-Brunt and Knight take England to 169-5 in South Africa semi-final
-
Ukraine, Russia vow escalation after Moscow strikes on Kyiv kill 25
-
Trump's massive July 4 firework show raises health alarms
-
Prosecutors can review Woods medical records in DUI case: judge
-
Pogacar expects Vingegaard Tour de France battle to last 'years'
-
Japan deploys bear cameras in mountains as attacks surge
-
New York ready for epic Swift-Kelce love story wedding
-
Djokovic has history in his sights at Wimbledon
-
Wildfires rage in southern France, 3,000 people evacuated
-
Ovechkin returning to Caps for 22nd NHL season
-
Hamilton gives F1 a piece of his mind over Lego cars
-
Faster than Mbappe: Australia flyer Bos races into World Cup conversation
-
Hong Kong bookseller once held in China dies in Taiwan
-
Trump wants 'senseless killing' in Ukraine to end: US official
-
Venezuelan rescue brings hope to nation in mourning
-
Eala writes history for Philippines in 'electric' Wimbledon atmosphere
-
Macabre night in La Guaira, Venezuela's earthquake epicenter
-
Wolff urges 'perspective' as Russell chases Mercedes' teammate Antonelli
-
Tesla global auto sales jump 25% in 2nd quarter, beating expectations
-
Superb Swiatek, Zverev cruise into Wimbledon last 32
-
Zverev routs Royer to reach Wimbledon third round
-
Ukraine, Russia vow escalation after Moscow attack kills 21 in Kyiv
-
Hot spell roasts eastern US ahead of holiday weekend
-
Slowing US job growth poses midterms challenge for Trump
-
Hamilton cools fans Ferrari fervour
-
Klopp poised to replace Nagelsmann as Germany coach: reports
-
Venezuela's diaspora searches for quake victims on social media
-
More than 400 dead in DR Congo's spreading Ebola outbreak
-
Albanian clashes as protest over Trump-linked resort boils over
-
Hot spell roasts eastern US as holiday weekend approaches
-
Desire key to Pogacar dominance, says former Tour king Froome
-
Superb Swiatek storms into Wimbledon last 32, Zverev waits
-
Rescuers dig out Venezuelan man eight days after quakes
-
Russian strikes kill 21 in biggest ever attack on Kyiv, mayor says
-
Anderson closes in on record Man City move
-
Swiatek sees off Pliskova to race into Wimbledon third round
-
England change five for South Africa Test
-
Dollar down, stocks shine after disappointing US jobs data
-
Lock Alemanno to make 100th Pumas appearance against Scotland
-
US job growth slows, posing questions for Trump before midterms
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