U.S. hit on Spanish renewables with tariffs of 29%
5 Articles
5 Articles
Donald Trump’s government has confirmed the investigation initiated by Joe Biden’s team and reaffirmed in the accusation of dumping Siemens Gamesa, Windar and its subsidiaries
Trump Administration concludes an investigation into Siemens Gamesa and Windar wind farms and imposes firm taxes
Renewable energies represent a "clear" opportunity for the reindustrialisation and strategic autonomy of Spain, according to a study by CCOO dedicated to analyzing the influence of renewable energies on the Spanish economy. Specifically, the Confederal Economic Cabinet of CCOO highlights in the report that this type of sources involve "cheaper energy in Spain", which leads to a reindustrialization of the country.
One judgment confirms the Department of Commerce's decision to allocate a dumping margin of 28.55% to Siemens Gamesa and Windar Renewables.
Trump has fulfilled his threat. The U.S. administration will apply tariffs of 29 percent with an "anti-dumping" rate to Spanish companies, ABC says. In April 2021, the U.S. threatened to impose tariffs on our multinationals. The U.S. International Trade Commission accused companies like Acciona or Siemens Gamesa of unfair competition by selling their windmills at a price below the market. This practice, known as dumping in English, would affect …
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