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Global Business News

The Economic Times

Global Business / The Economic Times

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Solar tariffs will hurt Americas allies, not China

Proposed US tariffs on polysilicon will harm domestic and allied solar industries. China dominates low-cost solar polysilicon production due to scale advantages. US solar manufacturing has struggled despite past protectionist measures. US companies pivot to more profitable chip manufacturing due to policy instability. China's polysilicon growth threatens US dominance in computer processors.

7 Aug 2026 9:28 am