The U.S. Department of Commerce has found that crystalline silicon photovoltaic cells from Vietnam are being sold in the United States at lower than fair market value, which means they are being sold cheaper than usual. This ruling applies from October 1, 2023, to March 31, 2024. Because of this, Commerce will require cash deposits for estimated antidumping duties on these products. The International Trade Commission will decide if these imports harm U.S. industry, which could lead to further action.
Simple Explanation
When Vietnam sends special solar cells to the U.S., they sell them for less money than usual, which isn't fair to local businesses. The U.S. might add extra costs to these solar cells to help make it fair again and will decide if this is hurting businesses here.