•The U.S. Department of Commerce imposed a 126% preliminary countervailing duty on Indian solar cells and modules.
•The decision follows a complaint by the AASMT coalition, including First Solar and Hanwha Qcells, alleging Indian firms benefit from unfair government subsidies.
•The levies are expected to effectively close the U.S. market to Indian exporters and exacerbate overcapacity issues in India's solar sector.
•There is huge demand for Nvidia's GPUs in China, but geopolitical headwinds are currently preventing sales.
•Trade barriers might only clear after the scheduled meeting between Trump and Xi Jinping at the end of March 2026.
•There are allegations that Chinese firm DeepSeek used Nvidia Blackwell chips for training, alongside claims from Anthropic regarding distillation attacks.
