KPMG report: Initial observations on a second Trump presidency and the implications for U.S. infrastructure investment

Presidential actions and orders that may have implications for infrastructure investment in the United States

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January 24, 2025

Since the inauguration of President Trump on January 20, there has been a flurry of presidential actions and orders, many of which will have broad and wide-reaching implications for infrastructure investment in the United States.

In summary, the sectors that are likely to benefit the most under a second Trump presidency include mining and traditional energy production infrastructure, midstream energy (including pipelines and liquefied natural gas (LNG) export facilities), digital infrastructure and industrial/supply chain infrastructure (e.g., road and rail). The sectors that are facing headwinds include onshore and offshore wind generation and electric vehicle (EV) related infrastructure including EV charging networks.

Read a January 2025 report that provides initial observations regarding implications for U.S. infrastructure investment during Trump’s second term as president.

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