The US Department of Commerce has announced its preliminary findings in its countervailing duties investigation of solar cells from Cambodia, Malaysia, Thailand and Vietnam. Subsidy rates on Vietnamese firms subject to the investigation range from .81 percent to 292.61 percent, with the latter attracting the highest rate of all firms from all four countries. The next closest were three firms from Malaysia that had subsidy rates of 123.94 percent.
This comes on the back of a series of trade remedies investigations into imports from Vietnam under suspicion that they are actually mostly made in China and simply shipped through Vietnam to avoid anti-dumping duties on Chinese imports.