More
    Home Home US announces anti-subsidy duties on solar imports from India, 2 other nations

    US announces anti-subsidy duties on solar imports from India, 2 other nations

    0
    12
    US announces anti-subsidy duties on solar imports from India, 2 other nations


    The US Commerce Department said Tuesday that it will impose countervailing duties to offset subsidies on solar cells and panels imported from companies in India, Indonesia, and Laos.

    In a fact sheet released on its website, the department listed overall subsidy rates of 125.87 per cent for imports from India, 104.38 per cent for those from Indonesia, and 80.67 per cent for products from Laos.

    The three nations last year accounted for $4.5 billion in solar imports, about two thirds of the 2025 total, according to US government trade data.

    – Ends

    (With inputs from Reuters)

    Published On:

    Feb 25, 2026



    Source link

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here