US Tariffs Force Chinese Solar Panel Firms to Shut Down Malaysian Operations
2025-01-20
Free Malaysia Today
The looming threat of US tariffs has prompted several China-based solar panel companies to halt or scale back their operations in Malaysia. As the industry braces for significant tariff hikes, manufacturers are reevaluating their global supply chains. With the US set to impose stiff tariffs on imported solar panels, companies are strategizing to minimize the impact on their businesses. The renewable energy sector is watching closely, as these developments may affect the global demand for solar panels and the growth of sustainable energy solutions. Key players are exploring alternative manufacturing locations and trade agreements to mitigate the effects of the tariffs.