Chinese solar firms dump Vietnam, bet on Indonesia & Laos to skirt US tariffs

Chinese solar firms dump Vietnam, bet on Indonesia & Laos to skirt US tariffs

FILE PHOTO: Plants grow through an array of solar panels in Fort Lauderdale, Florida, U.S., May 6, 2022. REUTERS/Brian Snyder/File Photo

Some of the biggest Chinese-owned solar factories in Vietnam are cutting production and laying off workers, spurred on by the expansion of U.S. trade tariffs targeting it and three other Southeast Asian countries.