Trump Slaps 126% Tariff on Indian Solar Imports: Massive Blow to Exports

Trump Slaps 126% Tariff on Indian Solar Imports: Massive Blow to Exports

Washington/New Delhi, February 25, 2026
US Commerce Dept imposed preliminary 126% countervailing duties on solar panels from India, alleging unfair govt subsidies undercut American producers. Indonesia duties hiked to 143%; Laos 81%.​

Reasons Cited

Duties based on subsidies enabling low-price dumping. India exports: $793M in 2024 (9x 2022), fueling 57% US solar imports (with Indonesia/Laos) in H1 2025. Protects domestic firms amid Trump trade war.​

Impacts on India

Market access crippled; exporters like Waaree Energies, Premier Energies hit hard. Final rates July 6; separate from SC-blocked global tariffs (now 15%). Boosts US costs, delays solar projects.​

Broader Context

Follows recent India-US trade deal easing tensions. India pivots to Canada FTA talks (PM Carney visits Feb 26). Retaliation options eyed.​

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