Trump’s trade agenda hits headwinds

A battle over tariffs and a legislative push to dismantle clean energy incentives have set the stage for a turbulent summer in Washington. While a US trade court initially struck down president Donald Trump’s sweeping import tariffs, an appeals court swiftly issued a temporary reprieve. At the same time, Congress narrowly passed the “One Big Beautiful Bill Act,” which could unravel the very tax credits underpinning America’s renewable energy boom – with far-reaching implications for global supply chains and infrastructure investment.