Trump Order Sets 15% Tariff, Price Floors on Polysilicon Imports
6 Articles
6 Articles
Trump Order Sets 15% Tariff, Price Floors on Polysilicon Imports
President Donald Trump ordered new tariffs as well as price floors on imported polysilicon used in semiconductors and solar panels, warning that US reliance on foreign supplies threatens national security.
On the 6th (local time), U.S. President Donald Trump signed an executive order to protect the polysilicon industry, a key raw material for semiconductors, and imposed tariffs on polysilicon derivatives. According to Reuters and other sources, President Trump signed an executive order on that day to expand domestic polysilicon production. The White House explained, "This is a series of trade and tariff measures based on Section 232 (of the Trade …
(Washington = Yonhap News) Correspondent Lee Yu-mi = U.S. President Donald Trump imposed a 15% tariff on polysilicon derivatives, a key raw material for semiconductors, on the 6th (local time)...
In order to protect its own industry from dumping prices from abroad, the US government has adopted new provisions for imports of the basic material polysilicon needed for solar cells and semiconductors. President Donald Trump signed a decree on Thursday that, in addition to minimum import prices for polysilicon and derived products, also provides for a flat-rate duty of 15 percent on processed products. [...]
Trump signs executive order to protect US polysilicon industry
WASHINGTON, Aug 6 : President Donald Trump has signed an executive order outlining new trade actions to protect the U.S. polysilicon manufacturing industry, a White House aide said on Thursday without providing details. The order lays out “a series of trade and tariff actions under Section 232, intended to ensure that domestic polysilicon manufacturing is properly supported and protected from overseas dumping and offshore threats,” White House a…
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