Tax Incentives and Trade Policy with KPMG's Jessica Libby
Description
Sponsored by: EDF power solutions
As the Trump administration continues to announce policy changes at a rapid pace, Jessica Libby, principal with KPMG Trade and Customs, returns to the show to discuss the shifts that are having the biggest impact on the renewable energy industry. Jessica highlights rules related to content from Foreign Entities of Concern (FEOC), new tax guidance from the Treasury Department related to wind and solar and, of course, tariffs.
Jessica explains a new contractual term known as 'tariff majeure' or 'Trump majeure' and also reveals the one policy tweak that she thinks is currently under the radar, but might yet become a major challenge for the industry.
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Key highlights:
"It's a new and different world." - (4:18 )
Foreign entities of concern - (6:37 )
Tariffs, tariiffs and more tariffs - (8:16 )
Challenges to onshoring manufacturing - (10:55 )
Treasury Department guidance for wind and solar - (13:44 )
How business owners are responding to all these changes - (19:15 )
'Tariff majeure' or 'Trump majeure' - (21:36 )
Could all these changes make supply chains more sustainable? - (22:26 )
Logistically speaking, is the US capable of collecting all these tariffs? - (24:54 )
A big policy change that is currently under the radar - (29:47 )
Jessica's bold predictions - (32:54 )
United States
