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US President Joe Biden is due to announce, Monday, June 6, the lifting of customs duties, for 24 months, on solar panels from Southeast Asia. An announcement that wants to strengthen American influence in the region, in particular to impose itself against China.
Four countries are affected by this measure: Cambodia, Malaysia, Thailand and Vietnam. They represent three-quarters of imports of this technology to the United States.
Surcharges imposed by Trump
It is a question of reversing a decision of the former administration: in 2018, these surcharges on solar panels were imposed by Donald Trump, in particular against China and its main trading partners.
This suspension of customs duties, for two years, will allow companies in these four Asian countries to save billions of dollars. In full hardening of relations with ChinaJoe Biden is also seeking to strengthen American influence in the region.
Serious damage to national production?
But in the United States, manufacturers are worried. Today, photovoltaic energy is taking off across the Atlantic. However, this measure, which will encourage foreign competition, could cause serious damage to national production. Especially since Joe Biden aims to supply 40% of USA electricity with solar power.
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