US imposes 15% tariff on polysilicon in pushback against China
Washington has imposed a 15% tariff on imported polysilicon, a critical raw material used in solar panels and semiconductor production. The move is the latest in a series of US trade measures aimed at countering China's dominance of the sector.
The US administration announced a 15% tariff on imported polysilicon, a key raw material used in the production of solar panels and semiconductors. The move is the latest step in a series of American trade measures aimed at countering Chinese producers' dominant position in the global market.
China controls the bulk of global polysilicon output, a position that has put US manufacturers at a price disadvantage. The new tariff is intended to boost domestic production capacity and diversify supply chains away from reliance on a single source.
Analysts say the measure could push up solar panel costs in the near term but is meant to reduce longer-term US dependence on foreign supply of the critical material. Markets are watching closely for any Chinese retaliation.
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