Trump’s Import Tariffs Will Make U.S. Wind Power More Expensive
No, no, no, no – Chinese producers have undercut US producers by flouting any environmental protection (they messed up their country in clear speak) and they also treated their workers as slaves. Add strategic undercutting by the Chinese government and it’s clear why US producers could not compete. Now, renewable projects will have to pay something that’s closer to reality and they don’t like it. I am so tired of listening to those endless complaints. It’s time to reset and pay the real price.
President Donald Trump’s trade war won’t wreck the U.S. wind industry, but it will raise the cost of power. Tariffs on $250 billion of Chinese imports, as well as on metals from Europe and elsewhere, could raise the cost of wind power in the U.S. by as much as 10 percent, Tom Kiernan, chief executive officer of the American Wind Energy Association, said at a conference in New York. Executives from three of the world’s top turbine manufacturers agreed.