EnergyWatch

Vestas: Tariffs and steel prices create squeeze

A tariff on steel will unavoidably have a negative effect on wind turbine producers, Vestas predicts.

If the US levies the 25 percent tariff on imported steel, as Donald Trump has proposed, it will put pressure on the cost base.

That is the evaluation of Josh Irwin, Vestas' Senior Business Development Manager in the US.

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