RE:RE:Congrats to NOU1Student,
"should a newly elected U.S. Government administration choose to peal back and seek to gut the integrally important provisions presently allowed by the U.S. "IRA".
That will never happen. Biden and the IRA have been openly criticized by both Dems and Republicans for being too 'soft on China.' Trump way back imposed %25 tariffs on Chinese graphite, BIDEN provided OEM's with waivers etc to get around the waivers...IF TRUMP gets elected there is no way the IRA will go anywhere because the purpose is to get off Chinese everything critical to national security...and that is coming from Department of Defence...select committee, largely Republican...Trump will call the IRA something different but it will not go anywhere....think of all the union contracts that were just signed based on the longevity and financial success of the EV evolution in the US...the unions have gone all in and nothing can undo that. Those raises, which were massive, are tied into the EV transition and the IRA...Trump will call it something else so he can take the credit but he will use it to hammer China...he recently stated publicly that he will be imposing massive tariffs, up to %70 in some areas...his words.
IRA is here to stay. The EU has their own version...France, Germany etc...not going anywhere.