Story perspectives

Trump $2B Wind Halt; 46% Farm Bankruptcies; Ford Costs Surge

5/8/2026

Summary

Story summary

The U.S. President Donald Trump administration paid almost $2 billion to stop wind projects in New Jersey, New York and North Carolina and cancelled a Nevada solar project and 150 wind developments powering 15 million homes.
Farm bankruptcies rose 46 percent in 2025 and will worsen in 2026 because of the Iran war and loss of Chinese soybean markets.
Ford said commodity costs will reach $2 billion this year, twice prior estimate due to rising aluminum prices.

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Story summary

The U.S. President Donald Trump administration paid almost $2 billion to stop wind projects in New Jersey, New York and North Carolina and cancelled a Nevada solar project and 150 wind developments powering 15 million homes.
Farm bankruptcies rose 46 percent in 2025 and will worsen in 2026 because of the Iran war and loss of Chinese soybean markets.
Ford said commodity costs will reach $2 billion this year, twice prior estimate due to rising aluminum prices.