Page 29 - MetalForming January 2017

Precise
Clean Air and Water acts likely will take the longest to roll back, but many have yet to take effect. This includes the Clean Power Plan (increase electricity prices six to 30 percent annually); Ground Level Ozone Rule (block economic activity in non-attainment zones); and Waters of the U.S. (EPA expansion of powers). The incoming administration likely will direct its Department of Justice to reverse its arguments in court or simply choose not to enforce rules against the states. Sim- ilarly, at the Department of Labor the new administration likely will abandon the Overtime Rule in its current form and reverse several NLRB decisions.
Trade enforcement/agreements— Possibly no issue received as much attention on the campaign trail as trade enforcement, NAFTA and the Transpa- cific Partnership ( TPP) Agreement. Candidate Trump vowed to withdraw from the trade agreement with Mexico and Canada. While certain changes are expected, a complete unraveling is con- sidered unlikely in the short term given
the many legal and financial entangle- ments between the three nations, though the administration likely will seek to announce concessions from Mexico early on as a show of progress. Neither the President-elect nor his tran- sition team have shown any signs of backing off a complete withdrawal from the TPP, which encompasses a dozen Pacific and Asian nations. Most do expect the new administration to move swiftly to withdraw from TPP and engage China on potential trade- enforcement actions.
There remains considerable uncer- tainty around this administration as there does about every new White House and its occupant. The one cer- tainty is that Republicans have total control of Washington and most of the state governments. They have a once- in-a-generation opportunity to push through a number of their priorities. For many in Washington, the question is not so much which priority, but how broad each is and its timing. MF
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