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Trump's Tariff War Resurfaces: New US Tariffs on India
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US Imposes Heavy Tariffs on Indian Solar Imports, Shares Plummet
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News18
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25-02-2026, 11:07
US Imposes Heavy Tariffs on Indian Solar Imports, Shares Plummet
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US government imposes preliminary tariffs of 126% on solar panel products imported from India.
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Indian solar company shares, including Varayee Energies and Premier Energies, fell up to 10% after the announcement.
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Tariffs are based on the view that foreign government subsidies harm US domestic manufacturers.
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US solar imports from India reached $792.6 million in 2024, nearly nine times higher than 2022.
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Experts warn high tariffs could make the US market inaccessible for Indian solar manufacturers, impacting export-oriented companies.
Read Full Article on News18 in Telugu
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