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US imposes preliminary 126% tariffs on solar imports from India
RIYADH: The administration of US President Donald Trump has imposed preliminary tariffs of up to 146 percent on solar panels imported from India, Indonesia, and Laos, after concluding that these countries provided unfair support to their manufacturing sectors. The move is expected to benefit US producers, but in turn, could raise costs for consumers, according to Bloomberg. The US Department of Commerce said on Feb. 24 that the tariff rates reflect the level of support provided, at 126 percent on imports from India, between 86 percent and 143 percent on Indonesia, and 81 percent on Laos.
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arabnews.com
Up to $600m in additional tariffs on Saudi exports to the US
RIYADH: Gulf exports have become targets of US President Donald Trump’s tariffs, which he raised from 10 percent to 15 percent on all countries. The increase comes after the US…
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US imposes preliminary 126% tariffs on solar imports from India
RIYADH: The administration of US President Donald Trump has imposed preliminary tariffs of up to 146 percent on solar panels imported from India, Indonesia, and Laos, after…
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thehindu.com
U.S. slaps 126% duty on Indian solar imports
The Trump administration has imposed duties of 126% on imports of solar cells from India following a “preliminary” determination that subsidised exports from Indian companies were…