Siemens Gamesa braces for Trump's tariffs

Siemens Gamesa's CEO projects a cost increase at 2-4 percent in the US due to tariffs.

Photo: Siemens

Siemens Gamesa is preparing itself for the business impacts of US tariffs.

Several companies are being affected by the trade dispute between the US, the EU and China. The German-Spanish wind turbine manufacturer is among the firms pressured by hiked US tariffs on steel and aluminum and the higher EU levies on a series of US goods, writes Recharge News.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

New developer has 11GW offshore wind ready from inception

Profiles from European Energy, Ørsted and Centrica team up to found a new company aiming to develop solar, onshore wind, offshore wind and do power trading. Theres a hole in the market for us right now — in five years it will be closed, says director.

CIP hires Dutch profile

Current CFO at TenneT Otto Jager will join CIP as partner, with a primary focus on flagship funds.

Further reading

Related articles

Latest News

See all jobs