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The Economic Times
The Economic Times
National

Trump rolls out trade measures to counter China on solar and chips, slaps 15% tariff on polysilicon

The White House on Thursday imposed a series of price floors and a 15% tariff ​on products made from polysilicon, the raw material used ​in semiconductors and solar panels that is primarily produced by China.

U.S. President Donald Trump's proclamation under ​Section 232 of the Trade Expansion Act of 1962 is aimed at supporting domestic chip and solar supply chains needed to compete with Beijing on artificial intelligence and energy.

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