The new Administration will soon after 1/20/25
Put new tariffs on materials coming from overseas, where most products are still made. This will increase prices dramatically, up to a 60% tariff on products and raw materials from China. Tariffs are always added to the price of the product.
As large portions of the 2017 Trump tax-cut package come up for reauthorization in 2025 each representative will be “put in a position to vote for a bill that delivers on President Trump’s agenda — tax cuts for the wealthy,” Speaker of the House Mike Johnson said. “One of the ways we’re considering paying for those tax cuts is by cutting the Inflation Reduction Act tax credits.”
The incoming Secretary of the Department of Energy (DOE) is a 100% Climate Change denier
The newly appointed Secretary of the Interior believes in burning more fossil fuels