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Chinese solar producers dodged U.S. tariffs, WSJ reports
The Fly

Chinese solar producers dodged U.S. tariffs, WSJ reports

Four Chinese solar-cell manufacturers circumvented U.S. tariffs by routing some of their operations through Southeast Asia, The Wall Street Journal’s Yuka Hayashi reports, citing the results of a Commerce Department investigation. The companies found to have circumvented the tariffs are Canadian Solar (CSIQ), Trina Solar Science & Technology (TSL), BYD, and Vina Sola, according to people familiar with the matter. The outcome of the probe won’t lead to immediate increases in solar tariffs because in June the president implemented a two-year suspension of duties to give importers time to make adjustments, the report notes. Other publicly traded companies in the space include Array Technologies (ARRY), FTC Solar (FTCI), First Solar (FSLR), JinkoSolar (JKS), Maxeon Solar (MAXN), ReneSola (SOL), Shoals Technologies (SHLS), SolarEdge (SEDG) and SunPower (SPWR). Reference Link

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