US Asked To Boost Duty On Jinko Malaysian Solar Exports To 13%
Portfolio Pulse from Benzinga Newsdesk
The US has been requested to increase the duty on solar exports from Jinko Solar's Malaysian operations to 13%. This move could impact Jinko Solar's cost structure and pricing strategy in the US market.
October 09, 2024 | 6:20 pm
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The US is considering a 13% duty on Jinko Solar's Malaysian exports, which could increase costs and affect pricing strategies in the US market.
The proposed 13% duty on Jinko Solar's Malaysian exports to the US could increase the company's costs, potentially leading to higher prices for its products in the US market. This may affect Jinko Solar's competitiveness and market share in the US, leading to a negative short-term impact on its stock price.
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