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. US solar manufacturers praised the action as support for domestic production and investment.

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