European Commission Proposes Zero-for-Zero Tariff Deal on Industrial Goods to the US
Commission President Ursula von der Leyen announced the proposal on Monday. “Europe is ready to negotiate with the US”, she stated.
Commission President Ursula von der Leyen announced the proposal on Monday. “Europe is ready to negotiate with the US”, she stated.
With panel prices as low as €0.06/W on the European market, the European Solar Manufacturing Council (ESMC) warns of the risks posed by Chinese dumping and calls for active policies and local content quotas to ensure fair conditions and reindustrialize Europe.
Amid Donald Trump’s tariff escalation, China imposes 34% reciprocal duties on all US imports, directly impacting crude oil and LNG trade. The move threatens to sever the last remaining ties in the energy relationship between the two superpowers.
The Leaders decided to establish a Strategic Partnership between the two regions, marking a new phase in relations. “We are moving closer together. This Partnership will make deeper connections between our two regions. It will lead to new opportunities for cooperation. Be it in the energy sector or security, from digital to tourism. And it will bring people together from across our regions. Reliable partners have never been so important.”, said Von der Leyen.
Guarantees of Origin (GO) prices for longer-dated contracts dipped in week 13, amid returning interest in spot contracts ahead of the general 2024 disclosure deadline on 31 March 2025, with volatility also increasing. According to Veyt data.
Analysts warn that U.S. tariffs on clean tech could fracture global supply lines and send renewable project costs soaring in Europe, threatening investment flows and deepening dependence on Chinese technology.