In a move designed to bolster domestic industry, US President Donald Trump has announced the imposition of a 15% tariff on imported goods made with polysilicon, a critical component in the production of semiconductors and solar panels. This tariff, set to be enforced starting December 4, is part of a broader strategy to reduce the United States' reliance on Chinese imports and to enhance...
The US government has issued refunds amounting to approximately $100 billion in tariffs, which were initially collected under President Donald Trump's trade policies known as "Liberation Day" measures. This reimbursement follows a Supreme Court decision that deemed a significant portion of these tariffs unlawful. The refunded sum represents about 60% of the $165 billion that had been collected prior to the court's ruling.
These tariffs,...