Following U.S. President Trump's announcement of widespread tariffs against Canada, China, and Mexico, it is forecast that costs for U.S. onshore wind projects could increase by five percent. If, as suggested, an overall 25 percent import tariff would be enforced, costs could increase by as much as seven percent. Canada, China, and Mexico account for a combined 41 percent share of wind-related equipment imports.
Key figures on the forecast impact of import tariffs on onshore wind energy costs in the United States as of February 2025
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Wood Mackenzie. (February 10, 2025). Key figures on the forecast impact of import tariffs on onshore wind energy costs in the United States as of February 2025 [Graph]. In Statista. Retrieved March 16, 2025, from https://www.statista.com/statistics/1557928/us-tariffs-impact-on-wind-energy-costs/?__sso_cookie_checker=failed
Wood Mackenzie. "Key figures on the forecast impact of import tariffs on onshore wind energy costs in the United States as of February 2025." Chart. February 10, 2025. Statista. Accessed March 16, 2025. https://www.statista.com/statistics/1557928/us-tariffs-impact-on-wind-energy-costs/?__sso_cookie_checker=failed
Wood Mackenzie. (2025). Key figures on the forecast impact of import tariffs on onshore wind energy costs in the United States as of February 2025. Statista. Statista Inc.. Accessed: March 16, 2025. https://www.statista.com/statistics/1557928/us-tariffs-impact-on-wind-energy-costs/?__sso_cookie_checker=failed
Wood Mackenzie. "Key Figures on The Forecast Impact of Import Tariffs on Onshore Wind Energy Costs in The United States as of February 2025." Statista, Statista Inc., 10 Feb 2025, https://www.statista.com/statistics/1557928/us-tariffs-impact-on-wind-energy-costs/?__sso_cookie_checker=failed
Wood Mackenzie, Key figures on the forecast impact of import tariffs on onshore wind energy costs in the United States as of February 2025 Statista, https://www.statista.com/statistics/1557928/us-tariffs-impact-on-wind-energy-costs/?__sso_cookie_checker=failed (last visited March 16, 2025)
Key figures on the forecast impact of import tariffs on onshore wind energy costs in the United States as of February 2025 [Graph], Wood Mackenzie, February 10, 2025. [Online]. Available: https://www.statista.com/statistics/1557928/us-tariffs-impact-on-wind-energy-costs/?__sso_cookie_checker=failed
