Taiwan Expects Limited Impact From New US Polysilicon Tariffs

Published
Updated

By TaiwanPlus

Taiwan’s government says a new US tariff on polysilicon will have limited impact, citing a 15% non-stacking rate and potential exemptions for semiconductor firms investing in the US under a bilateral investment MOU.

Polysilicon Tariffs

REPORTER:  
Taiwan says new US tariffs on a key raw material used in semiconductors and solar products will have limited impact.

US President Donald Trump has ordered a 15 percent tariff on polysilicon and related products, on top of existing levies. But the rate for Taiwan, along with Japan, South Korea and the EU, is capped at 15 percent. About 25 percent of Taiwan's polysilicon exports go to the US. The government says the move aims to reshape US solar and semiconductor supply chains and reduce reliance on China. It says Taiwanese semiconductor firms investing in the US can seek tariff exemptions under a bilateral investment MOU.

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Polysilicon Tariffs – Cabinet Statement

REPORTER:  
Taiwan's Cabinet says new US tariffs on a key raw material used in semiconductors will have limited impact.

US President Donald Trump ordered a 15 percent tariff and minimum import prices on polysilicon, on top of existing tariffs. However, tariffs on Taiwanese products are capped at 15%, and semiconductor companies can apply for tariff exemptions through a bilateral MOU. About 25 percent of Taiwan's total polysilicon exports go to the US.