The article discusses the impact of President Trump's newly imposed tariffs on clean energy sectors, including solar, wind, and electric vehicle industries. These tariffs, set at 25% for Canada and Mexico and 10% for China, signify a shift towards nationalist trade policies with the potential to increase costs and disrupt supply chains. Experts argue that this move introduces significant uncertainty regarding international trade agreements and may slow the transition towards cleaner energy sources due to rising prices and reduced collaboration in these vital industries.
"The tariffs could hit the solar, battery, wind and electric vehicle industries particularly hard, slowing down the energy transition by driving up costs and causing supply chain chaos."
"It probably introduces a large amount of uncertainty about the credibility of international rules on trade investment... those seem to matter at all anymore."
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