Business
US: Trump Imposes New Tariffs on Polysilicium to Counter China
On August 7, 2026, Donald Trump announced new tariffs on polysilicium, a raw material used in semiconductors and solar cells. This protectionist measure aims to reduce US dependence on Chinese production of this key material. German chemical group Wacker Chemie AG, based in Munich, could benefit in the short term from these tariffs, though it faces long-term risks. The move reflects a growing global trend toward protectionism, with the United States, China, and the European Union all implementing tariffs, subsidies, and industrial policies to support their domestic industries, according to economists.