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US customs officials said India-based Waaree Energies avoided US tariffs on Chinese-made solar cells and panels by labelling them as made-in-India, Reuters reported. The US has discouraged imports of China-made solar panels for over a decade by imposing tariffs on them. "Waaree has...and will continue to co-operate in ongoing investigations," the company said as its shares fell nearly 8%.
short by Ashley Paul / 02:29 pm on 26 Sep
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