A sudden reprieve for major U.S. allies highlights the chaotic evolution of American tariff policy, which has shaken markets and diplomatic trust. WASHINGTON — President Donald Trump on Tuesday announced that the European Union and the United Kingdom would be spared the highest tariff burdens under his expanding trade regime,
In Washington, climate capital now waits on a jurisdictional question. More than a year after the Environmental Protection Agency moved to freeze roughly $20 billion in clean energy grants awarded under the Greenhouse Gas Reduction Fund, the legal fight has returned to the U.S. Court of Appeals for the District
In a sweeping decision with immediate global consequences, the U.S. Supreme Court on Friday ruled against President Donald Trump, blocking his administration’s use of emergency powers to impose broad tariffs on foreign imports. The ruling, delivered amid heightened trade tensions, redraws the legal boundaries of American trade authority and forces
In Kentucky, energy security and air regulation were placed on the same scale. The Environmental Protection Agency (EPA) announced plans to roll back limits on mercury and hazardous air toxics from coal-fired power plants, arguing that the move will support baseload generation at a time of rising electricity demand tied
A funding system built on assessed obligation is absorbing stress from a single capital. A transfer of roughly $160 million from Washington has marginally reduced more than $4 billion in outstanding U.S. dues to the United Nations, narrowing arrears that now account for more than 95 percent of all unpaid
In Washington, the scaffolding of federal climate regulation did not collapse in a single vote. It was dismantled at its base. The Trump administration has formally repealed the 2009 “endangerment finding,” the scientific determination that greenhouse gas emissions threaten public health. With it, the Environmental Protection Agency eliminated federal tailpipe
More than $35 billion in clean energy investment and tens of thousands of jobs did not disappear overnight. They faded quietly, project by project, factory by factory, as federal priorities shifted and certainty gave way to hesitation. On a gray winter morning in the heartland, the factory floor is silent.
A federal judge has struck down Texas’ anti ESG law as unconstitutional, delivering a legal setback to one of the most aggressive state efforts to police sustainable finance. The ruling affirms that governments cannot punish companies for how they assess risk or express investment views. But the decision arrives after
WASHINGTON – When Donald Trump announced Project Vault, a $12 billion plan to build a national stockpile of critical minerals, the move was framed as an industrial safeguard. In reality, it is something far larger. It is an admission that power in the new world order flows through supply chains,
The United Nations has issued its starkest warning in years: without an immediate influx of unpaid member contributions, the organization risks running out of operating cash within months, potentially forcing the shutdown of its New York headquarters by late summer. Senior UN officials confirmed this week that the institution’s finances
