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The American holding corporation’s announcement came three weeks after U.S. President Joe Biden vetoed a Congress resolution that would have undone his two-year moratorium on tariffs for solar panels and modules imported to the U.S. from Vietnam, Thailand, Malaysia, and Cambodia.

His tariff suspension, announced in June 2022, covered a 24-month period to make sure U.S. factories were operational and the solar industry was ready to power up American homes, businesses, and communities.

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