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102 new news items in the last 24 hours
8 May 08:17

Chinese firms have shifted production to Laos and Indonesia, significantly increasing exports of photovoltaic panels to the US and avoiding trade tariffs

Raluca Ioana Draghici
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International
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After aggressive tariffs imposed by the US government on imports from Vietnam, Malaysia, Thailand and Cambodia, manufacturers in Laos and Indonesia have managed to increase their share of the US photovoltaic panel market to 29%. They, largely controlled by Chinese firms, have shifted production to avoid tariffs. In contrast, exports from affected countries fell by 33%. Imports of photovoltaic cells from Indonesia and Laos have also risen sharply, and Chinese manufacturers are reviewing their export strategies, looking to expand into other regions to meet US demand.

Sources

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Financial Intelligence
Tarifele americane şi încetinirea pieţei europene au modificat comerţul global cu panouri fotovoltaice
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G4Media
Tarifele americane şi încetinirea pieţei europene au modificat comerţul global cu panouri fotovoltaice

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USA China trade war photovoltaic panels commercial rates Indonesia Laos

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