US Slaps 126 % Tariff on Indian Solar Products
Washington D.C.– The U.S. Department of Business has actually imposed a high 126 % tariff on Indian solar products, influencing the field substantially. The decision follows the withdrawal of two Adani Team companies, Mundra Solar Energy and Mundra Solar PV, from an anti-subsidy investigation.
Key realities:
- Charge: Non-cooperation triggered “Negative Truths Offered” fine.
- Dependence: US points out India’s dependence on Chinese imports.
- Examination: Initiated after an application from American solar manufacturers.
- Exports: Over 90 % of India’s solar module exports went to the US (2021 -2024
Specialists alert of potential pricing pressure on residential Indian producers as export quantities face uncertainty.
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