The Federation of Thai Industries (FTI) is encouraging local companies to invest in solar panel manufacturing, currently dominated by Chinese investors in Thailand, to benefit from a two-year tariff exemption for cells exported from Asean to the US.
Last week the Biden administration announced a two-year pause on imposing any new tariffs on such products made in Thailand, Cambodia, Malaysia and Vietnam.
The move came after US authorities said in March they would probe whether solar cells and modules produced in these countries, using parts and components from China and exported to the US, were circumventing anti-dumping and countervailing duty orders on solar cells and modules from the Chinese mainland.
