The Industrial Accelerator Act bites hardest in sectors where Europe feels most strategically vulnerable: EV batteries, grid equipment, industrial automation, low-carbon steel and semiconductor packaging.
The commission is especially worried about the dependencies European operators continue to have on Chinese suppliers, particularly in the field of chips and rare earth minerals.
Supply chain risks tied to microelectronics processors, firmware, packaging and component provenance increasingly affect overall security and operations in the enterprise.
The Supreme Court’s invalidation of tariffs imposed by the Trump administration set up importers for a windfall of refunds. But a new wave of tariffs could serve to quash any hopes of long-term relief.