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Story perspectives

Trump's 2025 Bid: Market Shifts and Climate Battles Ahead

1/7/2025

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Story summary
  • Donald Trump's potential 2025 presidential bid may impact global markets, especially in copper and renewable energy due to proposed tariffs.
  • A projected copper supply deficit and rising electric vehicle demand could drive prices to an average of $9,734 per metric ton in 2025.
  • Blue states are gearing up to protect climate initiatives from federal rollbacks, despite facing fiscal challenges.
  • Legal conflicts are expected as states like California strive to uphold stricter emissions standards against Trump's deregulatory policies.