Just when the US coal industry had been persuaded that its glory days were over, President Donald Trump came to the rescue with his Energy Independence Executive Order. Coal executives rejoiced, but even the president may not be able to save an industry that is being battered by something more serious than “clean” government regulations, and that is competition from alternative power sources.
During his election campaign, US President Donald Trump promised to be a human boon to the US construction industry, one of the nation’s most vital and influential. As the days have ticked away since his inauguration, have the new administration’s policies made a difference for the industry, or added to its uncertainty about what the future really holds?
In mid-April, a draft of the legislation to repeal the Dodd-Frank Wall Street Reform and Consumer Protection Act—a law that has been branded by US President Donald Trump as a “disaster” that has made it difficult for businesses to get loans—was released.