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Global Trade Alert

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United States of America: U.S. Administration enacts the "One Big Beautiful Bill Act"

Description

On 4 July 2025, the U.S. Administration issued the “One, Big, Beautiful Bill” (OBBB), which includes revisions to the Advanced Manufacturing Production Credit under Section 45X of the Internal Revenue...

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Intervention Details

Intervention Type

Local content incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

04 Jul 2025

Revocation date

31 Dec 2029

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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