US Imposes Preliminary 126% Duty on Indian Solar Imports Over Subsidy Concerns

The US Commerce Department has imposed preliminary countervailing duties of approximately 126% on solar imports from India, citing unfair government subsidies that allegedly allowed Indian exporters to undercut US manufacturers. Similar duties ranging from 86% to 143% were also set on imports from Indonesia and Laos. The move follows a petition by US solar manufacturers and aims to protect domestic producers but raises concerns over increased costs and trade tensions. Indian solar companies like Waaree Energies and Vikram Solar report limited immediate financial impact due to diversified supply chains and expanding US manufacturing capacity. The final determination is expected by July 6, 2026, amid ongoing anti-dumping investigations and diplomatic discussions between India and the US.