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Donald Trump will be inaugurated as the 47th president of the United States on Monday, January 20. The inauguration ceremony will be held at the U.S. Capitol in Washington, D.C.
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Moomoo...
Disclaimer:This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Before investing, please consult a licensed professional. Please have a look at this link for more information.
Moomoo...
Donald Trump's 2025 Inauguration
Jan 21 01:00
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USA imposes tariffs on solar panels, with Malaysia at 9.13%, the second highest in ASEAN.
Report: @Jungle lee
In order to protect local businesses, the US Department of Commerce imposes varying tariffs on solar panels from Southeast Asia. Taking Malaysia as an example, companies not specified face a preliminary tax rate of 9.13%, ranking second highest in Southeast Asia.
Earlier, a preliminary investigation found these products benefited from illegal government subsidies. The introduction of this policy signifies an initial victory for domestic solar panel manufacturers in the United States.
According to Bloomberg, local companies are requesting the US government to impose tariffs, stating that other countries benefit from foreign subsidy mechanisms and sell at prices below production costs.
It is worth noting that this case is the latest move by American manufacturers against overseas competitors. As early as 12 years ago, the US had imposed similar tariffs on Chinese solar cells and components.
At that time, the response or contingency measure of Chinese manufacturers was to establish operations in other Asian countries not affected by tariffs.
According to the US Department of Commerce, the preliminary general duty rates for unspecified Thai companies are 23.06%; Malaysia 9.13%; Cambodia 8.25%; Vietnam 2.85%.
In the specified company's specific tax rate, Hanwha Q Cells Malaysia Private Limited's (Hanwha Q Cells) imported product tax rate is 14.72%; JinkoSolar Holding Malaysia entity partially imports products are taxed...
Report: @Jungle lee
In order to protect local businesses, the US Department of Commerce imposes varying tariffs on solar panels from Southeast Asia. Taking Malaysia as an example, companies not specified face a preliminary tax rate of 9.13%, ranking second highest in Southeast Asia.
Earlier, a preliminary investigation found these products benefited from illegal government subsidies. The introduction of this policy signifies an initial victory for domestic solar panel manufacturers in the United States.
According to Bloomberg, local companies are requesting the US government to impose tariffs, stating that other countries benefit from foreign subsidy mechanisms and sell at prices below production costs.
It is worth noting that this case is the latest move by American manufacturers against overseas competitors. As early as 12 years ago, the US had imposed similar tariffs on Chinese solar cells and components.
At that time, the response or contingency measure of Chinese manufacturers was to establish operations in other Asian countries not affected by tariffs.
According to the US Department of Commerce, the preliminary general duty rates for unspecified Thai companies are 23.06%; Malaysia 9.13%; Cambodia 8.25%; Vietnam 2.85%.
In the specified company's specific tax rate, Hanwha Q Cells Malaysia Private Limited's (Hanwha Q Cells) imported product tax rate is 14.72%; JinkoSolar Holding Malaysia entity partially imports products are taxed...
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$HSI Futures Current Contract (HSIcurrent.HK)$ why future is dropping? what is the people expect tmr?
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Market Turns Positive with Significant Gains
Today, the market turned notably positive, largely driven by the recent rate cut in the US. Most indicators are now showing positive signs.
The Market Momentum Tracker closed in positive territory, reflecting a robust upward movement. Additionally, the Short-Term Trend Strength indicator has risen above 50% for the first time since the end of July.
While breakdowns still outnumber breakouts, the current tre...
Today, the market turned notably positive, largely driven by the recent rate cut in the US. Most indicators are now showing positive signs.
The Market Momentum Tracker closed in positive territory, reflecting a robust upward movement. Additionally, the Short-Term Trend Strength indicator has risen above 50% for the first time since the end of July.
While breakdowns still outnumber breakouts, the current tre...
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