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3000% tariffs? It was just voted / "approved" yesterday and probably the tariffs on solar products from Malaysia will be announced later. 3000% is basically ending the exports of solar products from Malaysia to US. May 20 (Reuters) - The U.S. International Trade Commission determined on Tuesday that domestic solar panel makers were materially harmed or threatened by a flood of cheap imports from four Southeast Asian nations, bringing the United States a step closer to imposing stiff duties on those goods.
The "yes" vote by the three-member ITC means the Commerce Department will issue orders to enforce countervailing and anti-dumping tariffs on solar products imported from Malaysia, Thailand, Cambodia and Vietnam that the agency finalized last month.
Not sure whether First Solar Malaysia falls under the category of All Others. There is also the baseline tariffs of 10% for all exports from Malaysia to US. Reciprocal tariffs has been paused for 90 days. Greatec's clients from US may experience slower growth due to the tariffs in the short term and indirectly soften the demand for Greatec's products/solutions; depending how soon its US clients ramp up their local productions capability.