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Sunday, June 16, 2024

U.S. launches anti-dumping probe into solar panels from Vietnam

The Saigon Times

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HCMC – The U.S. Department of Commerce (DOC) has launched an anti-subsidy and anti-dumping probe into solar panels imported from Vietnam, according to the Trade Remedies Authority of Vietnam.

Crystalline silicon photovoltaic cells and modules will be subject to the investigation. These items have been imported into the U.S. from Thailand, Malaysia and Vietnam, according to the DOC’s recent announcement.

The U.S. accused Vietnamese exporters of evading anti-dumping and anti-subsidy duties imposed by the former on solar panels imports from China. These companies were charged with importing silicon panels from China and then assembling and manufacturing silicon photovoltaic cells and modules for export to the United States.

The United States is levying an anti-dumping tax rate of 15.85%-238.95% and an anti-subsidy rate of 11.97%-15.24% on Chinese solar panels, the local media reported.

In February, the United States extended trade remedies worldwide for solar panels by four years, from 2022 to 2026.

The Ministry of Industry and Trade has repeatedly put the solar panel item on a list of products facing trade remedy probes.

The ministry advised local producers of solar panels for export to the United States to keep a close watch on the probe and closely collaborate with U.S. investigators to clarify the case.

In May 2021, India launched an anti-dumping probe into solar panels originating from Vietnam.

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