Elections Outlook Report - Flipbook - Page 65
Trump Administration Transportation & Infrastructure Executive Outlook
Infrastructure Investment and Jobs Act (IIJA)
Rail
President-Elect Trump is expected to conduct a thorough review of the
IIJA, aiming to scale back and repeal sections he considers excessive. His
administration will likely revive executive orders limiting environmental and
wildlife law protections to expedite federal infrastructure project approvals.
Biden Administration rail policies will likely be rolled back under Trump,
with expectations of reduced funding for high-speed rail and a rollback of
safety regulations related to hazardous gas transport, crew requirements,
and fatigue risk management.
Inflation Reduction Act (IRA)
Aviation
To offset the cost of extending Trump’s Tax Cuts and Jobs Act (TCJA)
provisions, GOP lawmakers may push to repeal IRA tax credits and
subsidies related to renewable energy, electric vehicles, and energy
efficiency.
President-Elect Trump is anticipated to reverse current policies on airline
mergers and international aviation, and will likely depart from some Biden
Administration environmental and international policies.
Autos
President-Elect Trump is anticipated to reverse the Biden Administration’s
vehicle emissions standards, which he has described as an EV mandate.
Trump said he would halt the GHG performance measure and fuel
efficiency standards if elected. He is expected to support policies favoring
American automotive jobs and oppose imports of Chinese-made vehicles
and foreign manufacturing in Mexico. His administration will likely advocate
for tariffs on foreign-made cars to protect the U.S. automotive industry.
Public and Private Partnerships
President-Elect Trump supports a more market-driven approach to
infrastructure investment, focusing on public-private partnerships and
incentivizing local and state governments to take the lead in funding nonfederal transportation projects.
Drones
The Trump administration will likely continue to support policies aimed at
integrating drones into the national air space, with an emphasis on U.S.
industry and job creation. Furthermore, he may support policies to reduce
dependence on Chinese technology that pose potential national security
and espionage concerns.
