INDUSTRY

US slaps 126% Countervailing Duty on imports of solar panels from India

Tariff shock continues for India, as the US Commerce Department has announced anti-subsidy Countervailing Duties on solar cells and panels imported from the South Asian country. Other countries hit with similar solar import tariffs in the same announcement are Indonesia and Laos.
According to the fact-sheet posted on the US department’s website, India now faces general subsidy rates of 125.87 per cent for imports, while Indonesia and Laos have been hit with 104.38 and 80.67 per cent tariffs respectively, the Reuters has reported.
The US government trade data shows that the three nations accounted for $4.5 billion in imports, making up about two-thirds of the 2025 total, as cited by the Reuters.
For India, in particular, the US Commerce Department has revealed that the solar imports from the South Asian country in 2024 amounted to $792.6 million, which was over nine times the figure from 2022.
The solar imports issue comes to light as a new US court ruling has left several countries’ trade deals with America uncertain. Even India’s interim trade agreement with the US, which initially resulted in the country facing 18 per cent tariffs, has now entered a new territory marked with a lack of clarity.

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