The Department of Commerce has finalized its ruling that crystalline silicon photovoltaic cells from Thailand are being sold in the U.S. at unfairly low prices, below fair market value. For this investigation, conducted from April 1, 2023, to March 31, 2024, they found evidence of pricing manipulation due to market conditions. The decision includes multiple companies, and critical circumstances were noted, meaning there was a significant increase in imports. Consequently, Commerce will require cash deposits for estimated antidumping duties on these solar cells to protect U.S. industry from material injury.
Simple Explanation
The U.S. Department of Commerce found that some solar cells from Thailand were being sold at unfairly low prices, which is like cheating, so they decided to charge extra fees on future imports to make things fair.