The U.S. approach is a typical example of unilateralism and protectionism. Many countries have explicitly voiced their opposition, and there is also significant opposition within the United States.
The American Chemistry Council (ACC) projects a 0.4% decline in U.S. chemical production in 2024, followed by modest growth of 1.9% in 2025.
The Office of the United States Trade Representative (USTR) has announced a significant tariff increase on Chinese imports of solar wafers, polysilicon, and select tungsten products.