Trump has threatened tariffs against countries from China to Canada, and is particularly focused on nations that have trade deficits with the U.S.

Lawyers for the country allege that the tin, tantalum and tungsten is taken from conflict areas and then "laundered through international supply chains."

Exxon's planned facility would be the first natural gas power plant in the U.S. operating at a commercial scale with carbon capture technology.

With business climates shifting across the country and across the globe, supply chains and their strategic partners exist in a constant state of flux—2025 will continue in the same vein, with some caveats to consider.

Ford's office estimates that Ontario powered 1.5 million homes in the U.S. in 2023, spread across Minnesota, New York, Michigan and more. 

The bill would mandate that at least 40% of a corporation’s board of directors be chosen directly by employees.

Trump has repeatedly said tariffs will create more factory jobs, shrink the federal deficit, lower food prices and allow the government to subsidize childcare. Economists disagree.

The two sides similarly reached a preliminary agreement in 2019, but never signed it.

The U.S. Commerce Department announced December 2 it will expand the list of companies on the so-called “entity list,” and would limit exports of high-bandwidth memory chips to China.

“This is a pivotal moment in our history," said Daggett. "The decisions we make today will determine the future for generations to come."