Policy Risk Monitor – July 8, 2025
A weekly news scan of key policy areas to help firms identify and monitor policy risks.
Emerging Policy Issues
Energy Tax Credits
Trump budget reduces support for US minerals despite trade concerns, FT, July 2, 2025
Senate Megabill Stuns the Clean Energy Industry With New Tax on Wind and Solar, WSJ, June 29, 2025
The Moment the Clean-Energy Boom Ran Into ‘Drill, Baby, Drill’, WSJ, July 5, 2025
Trump directs Treasury to limit wind and solar tax credits, The Hill, July 7, 2025
Trump executive order seeks end to wind and solar energy subsidies, Reuters, July 8, 2025
Chart: Trump’s ‘big beautiful bill’ blows US emissions goal by 7bn tonnes, Carbon Brief, July 4, 2025
Ending Market Distorting Subsidies for Unreliable, Foreign Controller Energy Sources, The White House, July 7, 2025
Trump megabill gives the oil industry everything it wants and ends key support for solar and wind, CNBC, July 9, 2025
Trade
Reciprocal tariffs
Trump’s 35% Tariff Threat Feeds Japan’s Worst-Case Scenario Fear, Bloomberg, July 2, 2025
Trump says there likely won’t be a trade deal with ‘spoiled’ Japan, The Hill, July 2, 2025
Trump tariffs live updates: Trump threatens extra 10% tariffs over 'anti-American' BRICS policies, Yahoo Finance, July 7, 2025
Trump threatens extra 10% tariff on countries that align with ‘Anti-American’ BRICS policies, CNBC, July 6, 2025
Trump announces trade deal with Vietnam as global talks continue, WaPo, July 2, 2025
US Reaches Vietnam Trade Deal With 20% Import Tariff, Trump Says, Bloomberg, July 2, 2025
Trump announces steep tariffs on 14 countries starting Aug. 1, CNBC, July 8, 2025
Extending the Modification of the Reciprocal Tariff Rates, The White House, July 7, 2025
Trump Delayed Reciprocal Tariffs After Bessent Wanted More Time on Deals, WSJ, July 8, 2025
Trump Tariff Foes Urge Appeals Court to Curb ‘Blank Check,’ Bloomberg, July 8, 2025
Trump Pushes Global Trade War Back to the Top of His Agenda, WSJ, July 7, 2025
EU
EU Says It’s Making Progress on Framework Trade Deal With US, Bloomberg, July 7, 2025
Trump Amps Up Tariff Pressure, and EU Scrambles to Secure a Deal, WSJ, July 4, 2025
Full EU-US trade deal ‘impossible’ before deadline, says Ursula von der Leyen, FT, July 3, 2025
China
Chip Design Software Makers Win US Reprieve in China Trade Deal, Bloomberg, July 2, 2025
Trump Aims to Shut Trade Loopholes China Uses to Evade Tariffs, Bloomberg, July 3, 2025
Sector tariffs
Trump Says He'll Set 50 Percent Tariff on Copper, Epoch Times, July 8, 2025
Trump Floats 200% Tariffs On Pharmaceuticals, Forbes, July 8, 2025
Trump Vows No Tariff Extension, Hardens Threats on Copper, Drugs, Bloomberg, July 8, 2025
Energy and Climate
Can we afford to be afraid of nuclear power?, Guardian, July 6, 2025
Bård Harstad, The natural gas trap, FT, July 5, 2025
BRICS Says West Should Pay for Global South’s Energy Transition, Oil Price, July 7, 2025
Bipartisan ‘abundance’ caucus sets sights on NEPA, EE News, July 8, 2025
Exclusive: OPEC+ set to complete big oil output cut unwinding in Sept, sources say, Reuters, July 7, 2025
Geopolitical
Iran to Keep Cooperating With IAEA Amid Reports of US Talks, Bloomberg, July 3, 2025
Technology