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Trump
2026-08-06 23:48:15

Trump Signs Proclamation Imposing 15% Tariffs on Polysilicon Derivatives

President Trump signed a proclamation on Aug. 6 imposing a 15% tariff on imports of polysilicon derivatives, a key semiconductor material, citing threats to U.S. national security. The proclamation sets minimum import prices of $21 per kilogram for polysilicon and $100 per kilogram for ingots and wafers. The measure takes effect Dec. 4 at 12:01 a.m. ET. The Commerce Department launched a Section 232 investigation last July.

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Trump Signs Proclamation Imposing 15% Tariffs on Polysilicon Derivatives
Polysilicon
2026-08-06 23:30:08

Trump Orders Minimum Import Prices, 15% Tariffs on Polysilicon

U.S. President Donald Trump on Aug. 7 signed an executive order invoking Section 232 of the Trade Expansion Act of 1962 to impose minimum import prices and extra tariffs on imported polysilicon and its derivative products, a move aimed at supporting America's domestic polysilicon, semiconductor and solar supply chains. Under the announcement, the minimum import price is $21 per kilogram for polysilicon, $100 per kilogram for polysilicon ingots and wafers, $0.22 per watt for solar cells and $0.38 per watt for solar modules. The order also applies a 15% ad valorem tariff on polysilicon ingots and related derivative products listed in the annex. The measures take effect at 12:01 a.m. Eastern Time on Dec. 4, 2026. In addition, the Commerce Department is authorized to create a "Re-shore America" incentive program. Businesses that commit to building, renovating or expanding U.S. facilities that produce polysilicon, ingots, wafers or solar cells, and start construction before Jan. 20, 2029, may apply for exemption from Section 232 tariffs on certain imported equipment and related products. The report was relayed by BlockBeats, citing CCTV.

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Trump Orders Minimum Import Prices, 15% Tariffs on Polysilicon
Memory chips
2026-08-06 06:21:06

South Korea Must Speed Up Chip Investment or Lose Edge, Minister Warns

South Korea's Trade, Industry and Energy Minister Jin Zhengkuan has cautioned that the country risks watching its lead in semiconductors slip away unless it helps chipmakers speed up investment, with global competition heating up. Jin projected the global memory-chip market will expand to approximately $1 trillion by the end of this decade, saying speed would become a decisive competitive advantage in that race. He noted that semiconductor customers rarely switch suppliers once they adopt a product, which means losing market share during a period of surging demand would be especially costly for Korean chipmakers. The minister said South Korea currently supplies about 65% of the global memory-chip market. Jin also spoke out against plans to redistribute industry profits more broadly. Instead of debating how to divide up the sector's windfalls, policymakers should find ways to help companies put capital back into their businesses, he said. The warning lands as competition intensifies across the global chip industry. He argued that faster investment was essential to preserve that position.

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South Korea Must Speed Up Chip Investment or Lose Edge, Minister Warns
United States
2026-07-23 15:44:00

U.S. Trade Representative Greer to issue tariff announcement today

BlockBeats reported on July 23 that U.S. Trade Representative Greer is set to release a tariff announcement later today. The notice is described as a continuation of the earlier tariff framework. Previously, Donald Trump said new tariffs on dozens of countries could be imposed as soon as this week, while the current 10% global tariff is due to expire this week. The U.S. government is also considering keeping the 10% tariff rate for many countries and seeking legal avenues to impose higher tariffs on other countries. The update centers on the continuation of existing tariff measures rather than an entirely separate policy track.

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U.S. Trade Representative Greer to issue tariff announcement today
US Dollar
2026-07-22 13:18:43

MUFG analyst says dollar may shrug off latest U.S. trade uncertainty in the near term

According to a report cited by Jin10, Mitsubishi UFJ Financial Group (MUFG) analyst Derek Halpenny said the U.S. dollar may avoid any clear hit from the latest round of U.S. trade uncertainty in the near term. In his view, the impact of Donald Trump’s new tariff plan on exchange rates should be limited. He added that current market expectations for U.S. rate hikes, along with elevated Middle East risks, are still offering the dollar some support. Halpenny also flagged a downside scenario: if trade uncertainty worsens, investors could begin selling the dollar on concerns about policy unpredictability and potential damage to the U.S. economy. The remarks focus on the currency impact of trade policy rather than broader crypto market moves, and were attributed in the source to a MUFG research report.

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MUFG analyst says dollar may shrug off latest U.S. trade uncertainty in the near term