The Trump administration will impose a 15% tariff and price floors on polysilicon products as soon as Thursday, four sources say. The move targets China's growing reach into the chip supply chain and follows a year-long Commerce Department investigation into the raw material used in solar panels and semiconductors.
The Trump administration will announce a 15% tariff and a series of price floors on polysilicon products as soon as Thursday, according to four sources familiar with the matter. Polysilicon is the key raw material used in solar panels and semiconductors.
It aims to protect U.S. polysilicon factories from growing Chinese ambitions in the chip supply chain. President Donald Trump's proclamation is expected to set minimum import prices on polysilicon, wafers, cells and modules, or solar panels, the sources said, alongside the 15% tariff on polysilicon derivatives.
That hybrid system, combining a minimum import price with tariffs, was first reported by Reuters. It grows out of a year-long national security investigation into polysilicon by the Commerce Department, which carries major implications for the domestic solar manufacturing industry.
The investigation lands as the administration has rolled back federal support for renewable energy. The Commerce Department and the White House did not immediately respond to requests for comment.
Source: Investing.com
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