Trump imposes 15% tariff on solar and microchip materials

The Trump administration announced a new 15% tariff on imported polysilicon, predominantly produced by China, effective December 4. The move aims to bolster U.S. solar panel and microchip supply chains by supporting domestic production of polysilicon, an essential material for semiconductors and renewable energy. China criticized the measure as protectionist, while U.S. companies expressed support, asserting it encourages investment and competitiveness.

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