Sky-high duties will blister solar industry
The directorate general of safeguards has proposed a steep 70% duty on imports of solar modules, citing “serious injury” to domestic industry. This calls for reconsideration. High penal duties would actually harm domestic manufacturers of solar cells and modules, for these would merely lead to spurious value addition behind high tariff walls. Worse, the penal action would preclude gains from trade, and adversely affect downstream design.