Following the announcement of the preliminary anti-subsidy tariff ruling in October this year, the USA Department of Commerce recently announced plans to impose a maximum anti-dumping tax of approximately 271% on photovoltaic products imported from Southeast Asia. The Southeast Asian region has previously been a "stronghold" for Chinese photovoltaic enterprises exporting to the USA, with local production capacity mainly invested in by Chinese enterprises. However, it is understood that domestic companies have already anticipated the current tariff policy and have responded through local construction of factories and capacity transfer. "The market had prior expectations, and it is predicted that the initial ruling tax rate for anti-circumvention cases will be significantly higher than the anti-subsidy tax rate. After the dual actions are implemented, the competitive advantage of the four Southeast Asian countries in exporting to the USA will be greatly weakened, but this has already been prepared for by Chinese photovoltaic companies," said Wang Wenqi, a senior analyst at Shanghai Metals Market for photovoltaic. To strengthen localization, several leading component companies have previously initiated the construction of factories in the USA. Reports indicate that the US production capacity of jinkosolar, trina solar co., ltd., and longi green energy technology has already been announced to be in operation. Industry insiders have stated that after tariffs are implemented, Southeast Asia will gradually shift from component exports to solar cells exports. (Ke Holdings)