The Indian government may implement a 70% “safeguarding” tariff on imports of solar panels. That’s designed in part to enable domestic manufacturing targets, while also preventing an influx of imports once the U.S. implements restrictions under its section 201 review of the industry. It joins a wide range of recently implemented tariffs designed to support and promote domestic manufacturing. Imports had already undergone a marked slowdown in November, falling 47% on a year earlier to cap a 33% rise for the year-to-date through November 30. Chinese suppliers now dominate the market, havin...
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