On November 29, 2024, the U.S. Department of Commerce announced its preliminary affirmative determination in an anti-dumping investigation into crystalline silicon photovoltaic cells from four Southeast Asian countries: Cambodia, Malaysia, Thailand, and Vietnam. The tariffs range from 0% to a staggering 271.28%. The final results of the investigation are expected to be released in mid-2025.
(Screenshot of the U.S. Department of Commerce Announcement)
Investigation Background
The probe was initiated in response to a petition filed by the U.S. Solar Manufacturing Trade Alliance in April 2024, requesting a dual anti-dumping and countervailing duty investigation. The preliminary countervailing duty ruling, issued earlier, found lower rates compared to the recently announced anti-dumping tariffs. For example, major domestic solar companies face countervailing duties ranging from 0.81% to 8.25%.
Impact on Southeast Asian Solar Producers
Among the affected companies, Hanwha Qcells in Malaysia was granted a 0% anti-dumping tariff, while Vietnam’s broader industry faces the highest rate of 271.28%. This preliminary decision is just the first step, with final determinations slated for mid-2025.
The significant tariffs are expected to put immense pressure on businesses in the region, raising concerns about their ability to remain viable under such financial strain.
(Enterprises affected by Cambodia)
(Enterprises affected by Malaysia)
(Enterprises affected by Thailand)
(Enterprises affected by Vietnam)
