What Donald Trump's dramatic US trade war means for global climate action
- President Trump initiated a broad trade war by imposing tariffs on imports to the United States.
- Trump aims to revive US manufacturing and counteract decades of outsourcing with these tariffs.
- The tariffs include a minimum 10% on all exports, 34% on Chinese imports, and 20% on EU products.
- Prime Minister Albanese stated Australia would not follow suit, calling the move a “race to the bottom”.
- Analysts fear a global slowdown, dampened renewable investment, and increased costs for businesses and consumers.
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How Trade Wars Impact the Green Transition — What We Know So Far
Markets are still reacting to sweeping tariffs announced by US President Donald Trump on Wednesday. BloombergNEF gives us their first reaction below. Then, read one recently laid-off official’s account of how cuts to the CDC’s climate program will impact average Americans. For unlimited access to climate and energy news, please subscribe.
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Total News Sources15
Leaning Left2Leaning Right1Center2Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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