On his first day as president, Donald Trump signed an executive act in which he canceled wind projects and announced new oil perforations. Now, Spain has been harmed.
Short. The United States International Trade Court (CIT) has imposed a 28.55% tariff for exports from Spanish companies Siemens Gamesa and Windar renewable. The court has ruled that these companies were selling wind towers manufactured in Spain at lower prices of the market value, which constitutes a practice of dumping.
The decision was made on January 28, but has been published on February 11 in the Federal Registry. This new rate represents an update with respect to the tariff Antidumping Provisional of 73% established in 2021.
The sentence. Four years ago, the Cit discovered that some Spanish companies sold wind towers at prices below the right value in the US. Siemens Gamesa challenged the initial decision that imposed a tariff of 73%, claiming that it was illegal. In a new review, the Commerce Department reduced the margin of Dumping to 28.55%.
Finally, the judge confirmed this decision, rejecting the allegations that Siemens Gamesa should not be investigated or that there was an illegal fusion with Windar. He also dismissed the claim that the export price was determined incorrectly.
The real impact of the tariff. Although the anti -dumping tariff has alerted more than one, it is expected that it has no impact for the sector, since the export strategy to the US was already influenced by the administration’s protectionist policies. In the case of Siemens Gamesa, the imposition of this rate would not affect him, since He stopped exporting Torres manufactured in Spain to the United States two years ago, after a provisional tariff of 73% in 2021 that made competitiveness unfeasible. In this way, Spanish companies of wind towers have been reoriented towards closer and more stable markets, mainly in Europe.
The answer from Spain. The affected companies have not issued an official statement, but they have done so from the political sphere. In the Congress of Deputies, President Pedro Sánchez has expressed Its rejection of the imposition of tariffs by Trump in important sectors such as steel, aluminum and wind towers. In addition, Sánchez has declared that, in case others initiate a commercial war, the country will support the European Union in the defense of its economic interests.
More tariffs. In addition to wind towers, Donald Trump’s administration has imposed more rates On steel and aluminum imports, a measure that had already been implemented during its first mandate. As stated by the US president himself, This 25% tax Its objective is to protect national producers, but has generated tensions with allies and increased costs for US manufacturers who depend on these metals.
Statements from Europe. The president of the European Commission, Ursula von der Leyen, has issued a statement in which she rejects the Trump policies related to the imposition of tariffs on European exports of steel and aluminum. The president has stressed that these measures are harmful to both companies and consumers. In addition, he has warned that the European Union will take countermeasures to safeguard the economic interests of the block.
Image | Unspash and Daniel Torok
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