this post was submitted on 20 Nov 2024
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World News

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Summary

Chinese solar companies, which control over 80% of the global solar market, have long avoided U.S. duties by shifting production to Southeast Asia.

Over 80% of U.S. solar imports now come from nations like Malaysia and Vietnam, but new U.S. tariffs are expanding to these regions.

In response, Chinese firms are exploring manufacturing in the Middle East.

Analysts say such measures expose the challenges of reducing U.S. reliance on China’s solar supply chain.

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[–] [email protected] 14 points 3 days ago