The United States has set a goal to reduce its greenhouse gas emissions by 50-52% below 2005 levels by 2030. This target is part of the country's commitment to the Paris Agreement and is seen as crucial for limiting global warming to 1.5°C above pre-industrial levels. The Inflation Reduction Act, signed into law in 2022, aims to accelerate this process by providing nearly $370 billion in clean energy incentives, which could lead to economy-wide reductions in GHG emissions ranging from 33-40% by 2030. However, recent tariffs on Chinese clean energy components, including solar panels and electric vehicles, may hinder this progress by increasing prices and slowing the adoption of clean technologies.