Trina Solar says US tariffs won’t hurt firm

Bloomberg

China’s Trina Solar Ltd., one of largest panel manufacturers, says it’s well insulated from the growing trade dispute with the US.
The reason: the last trade dispute with the US. When the US imposed anti-dumping penalties on solar panels imported from China under President Barack Obama, Trina built factories in Thailand and Vietnam to serve American customers, said Steven Zhu, Trina’s president for the Americas region. Hence, none of the modules Trina sends to the US come from China. Other solar companies, he said, have developed similar workarounds, limiting the current trade spat’s effects. “The impact on US solar — you won’t see that much,” Zhu said in an interview. “What happens has already happened.”
Output from Trina’s Thailand and Vietnam factories are subject to a 20 percent US tariff that President Donald Trump has already imposed on solar imports.