Trump imposed a 15% tariff on a key component for solar panels and microchips
Kyiv • UNN
U.S. President Donald Trump announced a 15% tariff on imports of polysilicon, which will take effect on December 4. The decision is aimed at reducing dependence on China in the production of solar panels and semiconductors.
U.S. President Donald Trump announced the introduction of a 15% tariff on imports of polysilicon and its derivatives, seeking to reduce U.S. dependence on China in the supply chains for solar panels and semiconductors. Politico reports, writes UNN.
Details
The new tariffs will take effect on December 4. In addition to the tariff, the order provides for the establishment of minimum prices on imports of polysilicon, ingots, wafers, solar cells, and solar modules. The document also allows U.S. Customs to restrict imports if there is suspicion that companies are trying to bring products into the country before the tariffs take effect.
This will move the supply chain here. We have an industry here, it is too small, and it will explode
The U.S. seeks to reduce dependence on China
Polysilicon is a key raw material for producing solar panels, semiconductors, military equipment, and electronics. According to S&P Global, China almost completely dominates the global market for this material.
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The order followed an investigation by the U.S. Department of Commerce into national security risks arising from dependence on Chinese supplies. The White House emphasized that the decision is intended to strengthen American microchip manufacturing and support the development of infrastructure for artificial intelligence technologies. At the same time, experts note that the new tariffs could affect the global solar energy market.