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Trump orders new 15% tariff on key material for solar panels and microchips
BusinessThe Guardian08 Aug, 06:48 pmAtlasHour
Business

Trump orders new 15% tariff on key material for solar panels and microchips

Move to raise levy on goods made with polysilicon aims to protect domestic US supply chains from China, the major producer Donald Trump has ordered a new 15% tariff on imported products made of polysilicon, an important ingredient in microchip manufacturing that is primarily produced by China. The new tariff, which will take effect on 4 December, is aimed at supporting US chip and solar panel supply chains to compete with Beijing on artificial intelligence and energy...

Source-linkedAtlasHour DeskThe Guardian08 Aug, 06:48 pm

What happened

Move to raise levy on goods made with polysilicon aims to protect domestic US supply chains from China, the major producer Donald Trump has ordered a new 15% tariff on imported products made of polysilicon, an important ingredient in microchip manufacturing that is primarily produced by China.

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AtlasHour context: this story may affect public policy, global affairs, business confidence, technology direction, energy security, or civic life.

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The Guardian

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