Trump’s Tariffs Set to Raise Prices of Heat Pumps, EVs, Solar

Decarbonizing your life will get more expensive as President Donald Trump imposes tariffs on the US’ top trading partners, spiking the cost of home heat pumps, battery storage systems and electric cars, according to economists.

Trump on Tuesday levied 25% tariffs on goods imported from Canada and Mexico, a day after he signed an executive order doubling a tariff on Chinese products to 20%. The administration has said it intends to put a tax on imports from the European Union and collect a 25% tariff on aluminum and steel imports.

“It’s definitely going to slow down the shift to ...