The US Commerce Department has imposed a preliminary countervailing duty of 125.9 per cent on imports of Indian solar cells and modules. This requires importers to post cash deposits during the ongoing investigation.
The penalty follows the US International Trade Commission (ITC) finding early evidence that these imports were harming domestic producers. Export-linked schemes are under scrutiny as potential subsidies.
A USD 100 panel could land in the US at about USD 226, making many contracts commercially unviable. India exported USD 1.2 billion in solar panels to the US in CY2025, down 18% from CY2024.
The US Supreme Court struck down President Trump’s reciprocal tariffs as exceeding his authority, specifically under the International Emergency Economic Powers Act (IEEPA).
The US Administration implemented a replacement global surcharge under Section 122 of the Trade Act of 1974. This raises tariffs on all imports from trade partners from 10 per cent to 15 per cent.

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