Following Donald Trump’s recent reelection, industry leaders are bracing for potential changes under his administration, particularly concerning tariffs, taxes, regulations, and energy policies. Trump plans to raise tariffs, which may significantly impact manufacturers reliant on foreign components, potentially leading to retaliatory measures from other countries. The administration is expected to extend tax benefits from Trump’s first term, reduce regulatory oversight, and increase domestic energy production while scaling back clean energy targets. These shifts could incentivize U.S. manufacturing growth.
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