News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
USTR to Open Public Consultation on Tariffs for CN Polysilicon, Silicon Wafers & Tungsten Products
The Office of the US Trade Representative (USTR) announced that starting next Monday (23rd), it will seek public opinion on plans to significantly lift tariffs on Chinese polysilic...
Reset
Send
The window will close in 5 seconds
USTR to Open Public Consultation on Tariffs for CN Polysilicon, Silicon Wafers & Tungsten Products
Close
Recommend
15
Positive
37
Negative
14
 
 

The Office of the US Trade Representative (USTR) announced that starting next Monday (23rd), it will seek public opinion on plans to significantly lift tariffs on Chinese polysilicon, silicon wafers, and tungsten products. The consultation period will end on October 22.

The abovementioned tariffs will be included in the final decision of the "Section 301" tariffs announced by the US government last week, which targets Chinese electric vehicles (EVs), batteries, steel, chips, and solar panels.

Related NewsCLSA: Mideast Clients May Turn to CN Electronic Products; BYD Electronics, ACC, Xiaomi, Cowell Preferred
After receiving public feedback, many of these tariffs will be implemented starting September 27, including a 100% tariff on Chinese EVs. The Office of the USTR stated that tariffs will be raised on five product categories, including a 50% tariff on polysilicon used in solar cells and silicon wafers used in chips, as well as a 25% tariff on three types of processed tungsten products.

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.