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Benzinga
Benzinga
Business
Mohd Haider

Trump Targets China's Grip on Global Polysilicon Supply With 15% Tariff— Solar Stocks Climb in Friday Pre-Market (UPDATED)

Washington,dc,,United,States,,April,14,2025,,President,Donald,J,Trump

(Editor’s note: The story has been updated to include Wacker Chemie and Chinese Embassy’s statement and share moves of U.S. solar stocks)

President Donald Trump imposed a 15% tariff and minimum import price requirements on imported polysilicon on Thursday, targeting the raw material used in semiconductors and solar panels. China controls more than 90% of global polysilicon production.

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