The Biden administration has announced it is raising tariffs on solar wafers, polysilicon and some tungsten products from China to protect U.S. clean energy businesses.

Chinese solar stocks largely shrugged off new U.S. tariffs on imports of China-made solar wafers and polysilicon, key materials used in manufacturing solar cells.

The US has imposed tariffs on solar wafers, certain tungsten products and polysilicon imported from China by 25-50% starting 2025, the United States Trade Representative (USTR) said on December 11. "The tariff increases announced today will further blunt the harmful policies and practices by the People’s Republic of China,

A day after US President Joe Biden warned that Donald Trump’s plan for higher tariffs would be a “major mistake”, his own administration has levied costly new tariffs on imports of critical materials from China.