Posted on June 4, 2025
Trump’s tariff hike on aluminum and steel imports to 50% raises new uncertainty around the US’ beleaguered offshore wind sector as added costs could imperil already squeezed project economics, industry analysts told Recharge.
President Donald Trump announced Friday the tariff on steel and aluminum would double to 50% starting 4 June, a move that saw steelmakers’ share prices surge in early day trading while raising cost concerns for myriad steel users, including the wind power industry.
