First Solar is trading 7.50% up now at $262.46 after the Trump administration announced Section 232 measures targeting polysilicon imports.
- Measures include minimum prices and a 15% tariff.
- First Solar strongly supported the action, intended to strengthen U.S. solar manufacturing and reduce China-linked supply-chain dependence.
- The move follows its July 30 second-quarter earnings beat and reaffirmed 2026 guidance; the immediate overnight catalyst is the new trade policy.