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Tariffs, turmoil and clean energy shocks - Jul 8, 2025
As of July 8, significant trade developments unfolded as Asian economies Japan and South Korea urged the U.S. for tariff concessions ahead of looming deadlines while the renewable energy sector faced new regulatory challenges. Prysmian's relevance was underscored today as the looming stricter tax rules for renewable projects in the U.S. cast uncertainty over market sentiment. Clean energy stocks across the U.S. and Europe suffered declines following President Trump's announcement to impose stricter qualifications for tax incentives for solar and wind energy, which analysts suggest could…
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