Overview

• The Environmental Protection Agency (EPA) is revising or repealing regulations on coal plants, vehicle emissions, and heavy truck pollution introduced under the Biden administration.
• Canada imposes retaliatory tariffs on U.S. goods worth $20 billion in response to new U.S. tariffs on steel and aluminum imports.
• The European Union plans countermeasures, including tariffs on American products like whiskey and motorcycles, escalating fears of a global trade conflict.
• Economic analysts and polls suggest growing domestic discontent with the Trump administration's trade policies, citing concerns over rising consumer costs and economic unpredictability.
• The rollback of environmental rules could allow older, high-pollution coal plants to remain operational and ease restrictions on electric vehicle emissions standards.