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US President Trump says they have not approved any windmills since he's been in office, and they plan to keep it that way

Newsquawk Staff ·

US President Trump says they have not approved any windmills since he's been in office, and they plan to keep it that way.

What it means

Trump's comments on not approving any windmills reflect a continuation of his administration's energy policies, which favor traditional fossil fuels over renewables. This stance could influence market sentiment in energy sectors and related equities, particularly among commodities like WTI and Gold, as well as impact the broader geopolitical climate surrounding climate policy. Traders should consider the implications this has for the USD, especially in relation to other currencies that may prioritize renewable energy initiatives.

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