Trump administration to impose 15% tariff in polysilicon probe meant to counter China

By Nichola Groom, ‌Alexandra Alper ​and ​Jarrett Renshaw

WASHINGTON, Aug 5 (Reuters) - The Trump administration will announce as soon as ‌Thursday a 15% tariff and a series ⁠of price floors on products made from polysilicon, the ‌key raw material used ‌in solar panels and semiconductors, according to four sources familiar with the matter.

The move aims ​to protect U.S. polysilicon factories from growing Chinese ambitions in the chip supply ⁠chain.

The proclamation by U.S. President Donald Trump is expected to include ​minimum import prices on polysilicon, wafers, cells and modules, or solar panels, and ​a 15% tariff on ‌the polysilicon derivatives, the four sources said.

The administration's plan to pursue a ⁠hybrid system combining a minimum import price with tariffs was first reported by Reuters.

Trump's year-long national ⁠security investigation into polysilicon by the Commerce Department also has ​major implications for the growing domestic solar manufacturing industry at a time when the U.S. leader has rolled ‌back federal support for renewable energy.

The Commerce Department and the White ‌House did not immediately respond to requests for ⁠comment.

(Reporting by Nichola ‌Groom in Los ​Angeles; Alexandra Alper in Washington and Jarrett Renshaw in Washington; Editing by Lisa ‌Shumaker)

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