"The levies are expected to drive up costs for U.S. companies that rely on renewable energy technology from abroad and scramble supply chains worldwide."
"First came President Trump’s freezing of federal support for many renewable energy projects, coupled with cries of “drill, baby, drill.”
Then came the tariffs.
The president’s trade war is expected to drive up the costs of nearly every component of clean-energy production in the United States, from the steel in wind turbines to the batteries in electric vehicles.
Many of those building blocks are imported from the European Union, China and Southeast Asia, where some of the highest tariff rates were assigned.
How that affects the energy mix inside the United States is complicated, experts say. After all, rising costs for these and other materials won’t affect only renewable energy. Many of Mr. Trump’s trade policies, including tariffs on steel and aluminum, will also hit fossil fuels, making it more expensive to build natural-gas export terminals and drill oil wells, despite the president’s pledge to make oil and gas cheaper and more plentiful."
Max Bearak, Brad Plumer and Somini Sengupta report for the New York Times April 3, 2025.
SEE ALSO:
"How Trump’s Tariffs Could Hobble the Fastest-Growing Energy Technology" (New York Times)
"Trump’s Tariffs Could Threaten His ‘Energy Dominance’ Agenda" (New York Times)
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