CleanTechnica•about 1 month ago
U.S. Will Not Extend USMCA
- •The U.S. has decided not to renew the USMCA trade agreement with Canada and Mexico, marking a significant shift in North American trade policy.
- •This non-renewal introduces substantial uncertainty for cross-border supply chains, potentially leading to new tariffs or trade barriers on energy equipment, raw materials, and components.
- •Power developers and large energy consumers should anticipate potential increases in project costs and operational expenses due to altered trade dynamics and supply chain disruptions.
policy