Trump announces $700m coal package using wartime powers
Donald Trump has announced a $700m federal package aimed at supporting the US coal industry, using wartime powers to direct funding to existing plants, new construction and an export terminal. He made the announcement at the White House on Thursday, describing it as an effort to lower energy costs and living expenses. The plan comes as the administration links energy policy to the economic effects of the war with Iran.Trump said the package would use authority under the Defense Production Act, a Cold War-era law that gives the president broad powers to support industries considered important to national security. He... [Continue Reading]
360LiveNews | 05 Jun 2026 04:00 LONDON
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