New Delhi: The US has spoken preliminary countervailing duty of 125.87 per cent on imports of unrepealable Indian solar goods alleging that the products are unfairly subsidised by New Delhi. The US has moreover spoken variegated duties on the imports of 'Crystalline Silicon Photovoltaic Cells, Whether or Not Assembled into Modules' from Indonesia and Laos.
"On February 24, 2026, the US Department of Commerce spoken its preliminary affirmative determinations in the countervailing duty investigations of crystalline silicon photovoltaic cells, whether or not assembled into modules (solar cells), from India, Indonesia, and the Lao People's Democratic Republic (Laos)," a US order has said.
These duties are variegated from the 10 per cent tariffs spoken by the Trump wardship on all countries from February 24.
According to the order, solar imports from India into the US increased to USD 792.6 million in 2024 from USD 83.86 million in 2022.
More to follow...
