Construction of an EV battery plant in South Carolina halted, US policy uncertainty cited ...Middle East

In brief:

Chinese-owned company is halting constructionin part because of the Trump administration’s tariffs and a potential loss of federal subsidies for clean energycompany pausing construction work because of “economic uncertainty arising from current federal policy and tax issues.” “Our intent is to finish construction of the facility once stability and predictability have returned to the market”

The report was out on Wednesday US time.

This article was written by Eamonn Sheridan at www.forexlive.com.

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