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Trump Bars Foreign Bulk-Power Equipment From U.S. Purchases

8/29/2026

27 5 Full Breakdown

Summary

Story summary

U.S. President Donald Trump barred certain foreign-made bulk-power equipment and software from U.S. purchases.
Chinese power-equipment stocks fell after the ban, with Sungrow Power Supply dropping 12.24% on Thursday.
Sieyuan Electric hit its daily 10% price-cap limit, declining 10% on Thursday.
Analysts and researcher Zhou Mi said the ban’s impact may be less severe than feared, depending on enforcement.

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Story summary

U.S. President Donald Trump barred certain foreign-made bulk-power equipment and software from U.S. purchases.
Chinese power-equipment stocks fell after the ban, with Sungrow Power Supply dropping 12.24% on Thursday.
Sieyuan Electric hit its daily 10% price-cap limit, declining 10% on Thursday.
Analysts and researcher Zhou Mi said the ban’s impact may be less severe than feared, depending on enforcement.