FSLR · News · 20260806N

Trade Policy and Tariffs

FIRST SOLAR, INC. · 2026-08-06 · Importance 53 · Surprise 60

The Trump Administration imposed new Section 232 import restrictions on polysilicon and its derivatives, including products made in China, to reduce China’s control of a critical solar supply chain. Third-party reports said the measures include tariffs and price floors on imported solar products and could improve First Solar’s competitive position because its cadmium telluride modules do not rely on polysilicon. The policy may support U.S. manufacturing and 2026 guidance, but demand destruction, overseas-facility underutilization, and continuing legal and trade-policy uncertainty remain risks.

Key facts

• First Solar applauded the Trump Administration's Section 232 action on imports of polysilicon and its derivatives. source
• The U.S. International Trade Commission ended its patent probe against Philadelphia Solar USA and Trina Solar after First Solar withdrew its complaint alleging Section 337 violations related to certain TOPCon cells and modules. source
• BusinessWire states Chinese producers control more than 90 percent of the global polysilicon supply. source