International Business and TradePolicy

U.S. Leads Opposition to International Shipping Emissions Fee, Stalling Global Climate Measure

The United States has successfully blocked a proposed global fee on shipping emissions during international maritime negotiations. President Donald Trump threatened retaliation against supporting nations, calling the measure a “global green new scam tax” in social media posts ahead of the vote.

International Shipping Emissions Fee Blocked at IMO Meeting

The United States has reportedly succeeded in blocking a proposed global fee on shipping emissions during international negotiations, according to sources familiar with the proceedings. The International Maritime Organization meeting concluded Friday without adopting new regulations that would have moved the shipping industry away from fossil fuels.

AutomotivePolicy

Electric Vehicle Market Faces Critical Transition as Federal Tax Incentive Expires

The federal electric vehicle tax credit has officially ended, creating uncertainty for American automakers who invested heavily in domestic EV production. Industry analysts suggest the expiration comes amid political opposition and consumer resistance to higher-priced electric vehicles, potentially slowing the transition to cleaner transportation.

End of Federal EV Incentive Program

The federal electric vehicle tax credit that provided consumers with up to $7,500 for qualifying domestic-made electric cars has expired, according to reports from industry analysts. The program, which ended in late September, was designed to accelerate EV adoption while supporting American manufacturing and addressing climate change concerns.