Another variable? The United States may impose a 254% import tariff on this product

The matter originated in 2022. In June last year, the White House announced that it would exempt solar panels from Cambodia, Malaysia, Thailand and Vietnam for two years, and invoked the National Defense Production Act to support the domestic solar panel manufacturing industry.

In December of the same year, the U.S. Department of Commerce claimed that, according to investigations, Chinese solar companies were trying to circumvent U.S. tariffs by producing and processing in Cambodia, Thailand, Malaysia and Vietnam.

In addition, data for 2022 shows that the US relies heavily on imports of solar modules, of which less than 5% come from China, but more than 80% of the products come from factories of Chinese companies in Southeast Asia.

The release of the survey results and data has triggered an impulse in the United States to abolish the Biden administration's tariff exemption policy.

Solar power is a key step toward achieving the White House's climate goals, and a pause in tariffs would help promote widespread adoption of solar power in the United States.

U.S. solar developers could face retroactive tariffs totaling billion if the two-year tariff exemption is lifted, according to the Solar Energy Industries Association. The bill could also reduce 30,000 jobs and .2 billion in domestic investment.