U.S. waives tariffs on solar panels from Thailand, Vietnam

Malaysia and Cambodia also exempt for 24 months after being hit by probe

20220606 Thailand solar panel RC2HZM9L7S7M

Solar panels in Thailand. The Southeast Asian country in 2021 shipped $1.07 billion worth of solar cells to the U.S. © Reuters

FRANCESCA REGALADO and APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writers, and KATSUHIKO HARA, Nikkei Asia chief desk editor

BANGKOK/NEW YORK -- U.S. President Joe Biden on Monday declared a 24-month tariff exemption for solar panels manufactured in Thailand, Vietnam, Cambodia and Malaysia.

The four Southeast Asian countries were hit by an investigation freezing exports to the U.S. -- a stumbling block for an American push to use more renewable energy.

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