Cleaner Tech

What Trump’s New Tariffs Mean for Climate Tech

Some climate tech companies will get a temporary reprieve from the US Supreme Court ruling on tariffs.

Lithium-ion energy storage batteries at a project in Blythe, California.

Photographer: Bing Guan/Bloomberg

The Supreme Court’s recent decision to strike down President Donald Trump’s global tariffs is shaking up the climate tech trade.

The Feb. 20 ruling is good news for companies like Tesla Inc., which have seen production costs soar since last spring. In the third quarter of 2025 alone, the tariff costs on its energy storage business stood at roughly $200 million, the company said in its October earnings call.