The Trump administration's reciprocal tariffs aim to strengthen domestic manufacturing but disrupt clean energy supply chains. This evolving tariff landscape significantly complicates the renewable energy transition across the Americas, according to GlobalData, a prominent data and analytics firm.
Global economic output is forecast to grow by 2.7 per cent in 2026, slightly below the 2.8 per cent estimated for 2025 and well below the pre-pandemic average of 3.2 per cent, according to the World Economic Situation and Prospects 2026, released by the United Nations on Thursday.
