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US to exempt tariffs on solar panels from Southeast Asian nations: Report

Biden will issue a proclamation on Monday that will allow solar panels to be imported to the US from Thailand, Malaysia, Cambodia and Vietnam without risk of tariffs

solar power
Reuters Washington
1 min read Last Updated : Jun 06 2022 | 10:10 AM IST
U.S. President Joe Biden will issue a proclamation on Monday that will allow solar panels to be imported to the United States from Thailand, Malaysia, Cambodia and Vietnam without risk of tariffs for a 24-month period, a source familiar with the matter told Reuters.
 
The action comes amid concern about the impact of the U.S. Commerce Department's months-long investigation into whether imports of solar panels from the four Southeast Asian nations are circumventing tariffs on goods made in China.

(Reporting by Jeff Mason; Editing by Kim Coghill)

Topics :Joe BidenUnited StatesMalaysiasolar panelThailandCambodiaVietnam