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President Trump’s tariffs on Mexico, Canada and China have been implemented as of this writing (25% on Mexico and Canada and an addition 10% across-the-board on all goods from China).
With Mike Johnson re-elected as Speaker of the House (with the support of then President-elect Donald J. Trump) on the first ballot, it bodes well for the Trump agenda regarding the energy sector of the economy and the PVF industry.
he Inflation Reduction Act is expected to invest around $370 billion to improve energy security and reduce carbon pollution. The legislation is seen as a significant step toward combating climate change and promoting sustainable progress.
We are approaching the end of calendar year 2024 and Donald J. Trump is our president-elect, giving the energy and PVF sectors a breath of fresh air for future development and lower-cost energy.