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United States · Business news · Policy & Regulation · 11 Aug 2026

US sets a 15% tariff and price floors on imported polysilicon, solar cells and modules from December 4

US Utilities Information Technology Industrials Energy

What happened

A presidential proclamation of August 6 under Section 232 puts new trade measures on polysilicon and products made from it, including silicon wafers, solar cells and solar modules, replacing solar safeguard tariffs that lapsed on February 7. From December 4, covered imports generally face an additional 15% tariff, with 10% for UK goods. The central feature is a minimum import price: $21 a kilogram for polysilicon, $100 a kilogram for ingots and wafers, 22 cents a watt for cells and 38 cents a watt for modules.

Why it matters for listed companies

The price floor sets a minimum cost for imported solar hardware. That protects US makers of polysilicon, wafers, cells and modules from cheaper imports, and it raises equipment costs for the companies that buy panels: utility-scale solar developers, residential installers and the power companies contracting for new solar capacity. Polysilicon is also the starting material for chip wafers, so semiconductor supply chains are touched as well, though the measure is aimed mainly at solar.

Reported by Hunton Andrews Kurth — “US Imposes New Tariffs and Minimum Import Prices on Polysilicon and Solar Products” ↗ on 11 Aug 2026.

Rates and currencies since this was reported

Official series on 11 Aug 2026 or the last day before it, and the latest observation.

US Treasury 2-year yield
4.22% → 4.77% +55 bp
11 Aug 2026 → 15 Oct 2026 · US Treasury
US Treasury 10-year yield
4.70% → 5.10% +40 bp
11 Aug 2026 → 15 Oct 2026 · US Treasury
Effective fed funds rate
3.63% → 3.88% +25 bp
11 Aug 2026 → 15 Oct 2026 · Federal Reserve Bank of New York
Euro in US dollars
1.1540 → 1.1253 -0.0287
11 Aug 2026 → 16 Oct 2026 · ECB reference rate
These figures are measured, not attributed. Prices and rates move for many reasons at once; they show what happened after this story, not that the story caused it. Nothing here is a recommendation to buy, sell or hold.

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