Mining Giant BHP: Trump Tariffs Will Hold Back the Energy Transition
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President-elect Trump’s proposed tariffs and the heightened risk of trade wars would be major challenges to the global energy transition, Mike Henry, the chief executive of mining giant BHP, told the Financial Times. Escalating trade tensions and tariffs on many products could delay decision-making about investment in the supply of the minerals that would be crucial to advance the energy transition, Henry told FT in an interview published on Friday. Protectionism from the United States is likely to ease “the aggressiveness with…
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