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US Reshoring Push May Limit Gains from Tariff Cut for Indian Solar Exporters

The US is rapidly ramping up its domestic solar supply chain

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Indian solar module and cell exporters are upbeat after the U.S. slashed tariffs on Indian goods from an effective rate of 50% to 18%. They hope the lower tariff will make their products more competitive in the U.S. market. Indian exporters have sufficient capacity to serve both domestic and international markets, and they believe the tariff cut couldn’t have come sooner.

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