Solar cells in four Southeast Asian countries that have been large suppliers in the United States are faced with newly increased prices, increased to 3,521%.
Prices affect Cambodia, Malaysia, Thailand and Bloomberg. Prices essentially make “unwavering” products in the United States, the Wall Street Journal Reports.
Prices essentially make “unwavering” products
This decision comes after the long-standing surveys of the trade department on the question of whether Chinese companies channe products via Southeast Asia to avoid lower prices and prices. This also increases Donald Trump’s trade war with China after having gone around the world markets with drastic tariff proposals this month. The president called a 90 -day break on the prices, excluding China.
American solar companies were divided on what should be done with cheap sunscreen in Southeast Asia. The national manufacturers have asked the trade service to investigate, while developers of renewable energy projects are concerned with prices increasing construction costs and the manufacture of panels in the United States using imported cells.
Cambodia refused to comply with the survey and was struck with the highest prices at 3,521%. The functions for Vietnam companies reach 395.9%, 375.2 in Thailand and 34.4 for Malaysia.
The United States International Trade Committee is still due to weigh on the prices offered in June to finalize them.
