Trump’s import tariffs will make U.S. wind power more expensive

by Jim Efstathiou Jr, Bloomberg

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.

Read more: https://www.bloomberg.com/news/articles/2018-10-02/trump-s-import-tariffs-will-make-u-s-wind-power-more-expensive?utm_content=markets&utm_source=twitter&utm_medium=social&utm_campaign=socialflow-organic&cmpid%3D=socialflow-twitter-markets

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