Malaysia caught in crosshairs as US targets hefty solar tariffs on China, South East Asian countries

NA News

Malaysia caught in crosshairs as US targets hefty solar tariffs on China, South East Asian countries
Malaysia Latest News,Malaysia Headlines
  • 📰 staronline
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 75%

Nine simple practices that may help latter day adventurers achieve stress-free harmony and add years to life. Slow travel is another alternative to a growing tourist backlash.

: The future of Southeast Asia’s booming solar industry, which produces the most panels in the world after China, is being thrown into doubt as the US looks set to impose hefty tariffs on the region.

"The mood of the suppliers is to pack the lines, especially the cell lines, and move them to either Indonesia, Laos or the Middle East,” said Yana Hryshko, the head of global solar supply chain research at Wood Mackenzie Ltd. Some Chinese manufacturers are waiting to see what the tariff level will be before deciding if they need to relocate, she said.

Some US firms are now asking Washington for further tariffs of as high as 272% on all solar products from the four countries, although BNEF said in May they would likely be between 30% and 50%. That compares with levies of 25% on China, which the White House is planning to double. A Longi spokesperson said in June that it had made adjustments to plans for output at several factories, in part because of the trade policy changes. The company said in a subsequent exchange filing that its factory in Malaysia is still shipping cells to the US, and it has no plan to move capacity as demand from other markets including India and Canada would be sufficient to support the Southeast Asian plants.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

staronline /  🏆 4. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malaysia being targeted as US plans massive solar energy tariffs on China, South-east Asian countriesMalaysia being targeted as US plans massive solar energy tariffs on China, South-east Asian countriesKUALA LUMPUR, Aug 21 — South-east Asia’s solar industry boom could be threatened by looming US tariff hikes as the US and EU attempt to check China’s trade...
Read more »

Malaysia being targeted as US plans massive solar energy tariffs on China, South-east Asian countriesMalaysia being targeted as US plans massive solar energy tariffs on China, South-east Asian countriesKUALA LUMPUR, Aug 21 — South-east Asia’s solar industry boom could be threatened by looming US tariff hikes as the US and EU attempt to check China’s trade...
Read more »

‘Made by Malaysia’ next, says Rafizi at launch of South-east Asia’s largest microchips hub‘Made by Malaysia’ next, says Rafizi at launch of South-east Asia’s largest microchips hubPUCHONG, Aug 6 — The Economy Ministry has bigger plans in mind for Malaysia’s technological sector than just building South-east Asia’s largest integrated circuit (IC) design...
Read more »

Malaysia: All parties must adhere to international law on South China SeaMalaysia: All parties must adhere to international law on South China SeaThe cake is inspired by Lee’s variety cooking series 'Dishing With Chris Lee'; the second season is shot in a kelong (offshore platform).
Read more »

Malaysia steps up efforts to finalise South China Sea code of conductMalaysia steps up efforts to finalise South China Sea code of conduct(Reuters) - LinkedIn agreed to pay $6.625 million to settle a proposed class action accusing the Microsoft unit of overcharging advertisers by inflating how many people watched video ads on its platform.
Read more »

Philippines, China agree on principles for de-escalation in South China SeaPhilippines, China agree on principles for de-escalation in South China SeaMOSCOW: The Philippines and China have agreed on principles for de-escalation in the South China Sea to deliver personnel and cargo to a grounded Phil...
Read more »



Render Time: 2025-02-14 19:01:32