The Trump administration's recent trade policy has had a huge impact on the global solar PV industry. On March 10, 2025, Trump announced a cumulative tariff of up to 70% on Chinese PV products (including modules, inverters and key bracket materials). Previously, tariff measures against Southeast Asia and Mexico have forced Chinese companies to adjust their overseas layout.
Main impacts on the global PV industry
1. Supply chain disruption: The new tariffs combined with the existing 232 and 301 barriers have pushed up the costs of US PV developers. Since 70%-80% of US PV imports rely on Southeast Asia, the policy is forcing companies to transfer production capacity to India or Europe.
2. Market uncertainty: Industry experts warn that if combined with subsidy reductions such as the Inflation Reduction Act, tariffs may curb US PV growth, despite an estimated annual demand of 45GW.
3. Strategic adjustments by Chinese companies: JinkoSolar, Trina Solar and other companies have accelerated the construction of factories in Mexico and Canada to circumvent tariffs, but Trump's 25% tariff on Mexican steel has brought new challenges to this strategy.
Singfo Solar: Responding to challenges with resilience
In a turbulent environment, Singfo Solar has always been a reliable partner for global customers:
- Global production: We have a factory in Dongguan, China, and work with European partners to build a tariff-optimized supply chain to reduce cost impact.
- Stable quality and delivery: The vertically integrated manufacturing system ensures component efficiency and on-time delivery, regardless of geopolitical fluctuations.
- Diversified market layout: At a time when US policies are changing, we are deeply involved in emerging markets such as the Middle East and Africa, where solar energy demand is growing at an annual rate of 40%.
Mr. Liu from Singfo Solar said: “Our rapid adaptability to trade policies ensures service continuity. Customers can rely on our compliant and efficient solutions that have been consistent for ten years.”
For further details, visit Singfo Solar’s (www.singfo-solar.com) official website or contact our global sales team.
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info@singfosolar.com
