US To Impose 15% Tariff On Polysilicon To Counter China's Chip Supply Chain

The Trump administration will announce as soon as Thursday a 15% tariff and a series of price floors on products made from polysilicon, the key raw material used in solar panels and semiconductors, according to four sources familiar with the matter.

Trump administration to impose 15% tariff in polysilicon probe meant to counter China  Reuters

The Trump administration will announce as soon as Thursday a 15 per cent tariff and price floors on products made from polysilicon, the key raw material used in solar panels and semiconductors, according to sources.

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President Donald Trump is preparing to impose tariffs and minimum prices on imported polysilicon, a bid to boost domestic production of the material as well as the US semiconductors and solar panels made from it.

The decision, expected to come later this month, aims to protect U.S. polysilicon factories from growing Chinese ambitions in the chip supply chain.