European carmakers are urging Brussels to ease regulations to help them avoid buying carbon credits from rivals at increasingly high prices.
Los aranceles podrían ser un duro golpe para el mayor productor de autos en México y aumentarían los precios de muchos vehículos vendidos en Estados Unidos.
The order is the latest Trump administration effort against Biden-era initiatives that intended to promote electric vehicles and reduce greenhouse gas emissions.
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
States are using higher registration fees for electric cars to make up for declining fuel taxes, but some are punitive, environmentalists say. A federal tax could be coming.
President Trump seems poised to roll back the very incentives that are reviving American manufacturing.
Automakers and even some Republicans may fight to preserve funds, and environmental activists will likely sue, but some experts said that some changes may not survive legal challenges.
Climate issues are fueling the cost-of-living crisis, especially for the poor and working class.
A better industrial policy for the United States involves more risk taking, not less.
President-elect Donald J. Trump is expected to roll back many of the rules and subsidies that have attracted billions of dollars from the private sector to renewable energy and electric vehicles.