Tag: Gaza ceasefire

US Implements 15% Tariff on Polysilicon to Support Domestic Industries

President Donald Trump has announced the imposition of a 15% tariff on imported goods manufactured with polysilicon, an essential component in the production of semiconductors and solar panels. This tariff is scheduled to be implemented on December 4, with the aim of bolstering domestic manufacturing capabilities and minimizing dependence on China, the world's leading polysilicon producer. Polysilicon, known for its ultra-pure properties, plays a crucial...

Court Ruling Sparks $100 Billion US Tariff Refund, Boosting Economy.

The United States government has issued refunds totaling approximately $100 billion in tariffs that were previously collected under the "Liberation Day" trade initiatives introduced during President Donald Trump's administration. This move comes after a Supreme Court decision declared a substantial segment of these tariffs unlawful, prompting the return of around 60% of the $165 billion amassed before the ruling. These tariffs, primarily targeting imported...
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