US Tariff Shock: Indian Solar Stocks Crash Up To 15% After Trump Imposes 126% Duty

• Waaree Energies, Premier Energies, and Vikram Solar shares plunged up to 15% on February 25.
• The decline followed Donald Trump's administration setting a preliminary 126% duty on Indian solar imports.
• Waaree Energies fell 15%, Premier Energies 13%, and Vikram Solar 5%.
• US Department of Commerce cited foreign subsidies for lower prices; similar duties on Indonesia and Laos.
• Indian solar imports to the US reached $792.6 million in 2024, a nine-fold increase from 2022.