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Europe's turbine makers face 'double blow' from Trump tariffs: Fitch unit

Loss of key export market and increased global competition a blow to European turbine makers like Vestas and Siemens Gamesa

Wind turbine blades and towers at the Port of Esbjerg in Denmark. Europe's exports to the US, especially for offshore wind turbines, are now set to fall due to Trump's policies.
Wind turbine blades and towers at the Port of Esbjerg in Denmark. Europe's exports to the US, especially for offshore wind turbines, are now set to fall due to Trump's policies.Photo: Port of Esbjerg
Journalist
Published 2 May 2025, 10:03Updated 2 May 2025, 10:03
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