Chinese-owned solar panel factories in Southeast Asia have been slapped with highest U.S. tariffs to date as a U.S. investigation alleges unfair trading practices.
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00:00The U.S. Commerce Department is preparing to impose tariffs as high as 3,500% on Southeast Asian solar panel makers.
00:09The proposed levies will target solar panel factories in Malaysia, Cambodia, Thailand and Vietnam.
00:16It's in response to allegations the firms received subsidies from China and engaged in unfair trade practices by dumping underpriced panels into the U.S. market.
00:26The tariffs will vary from country to country and will range from around 41% to more than 3,500%.