Subscribe to our YouTube channel for free here: sc.mp/subscribe-youtube Read more about this: sc.mp/058ab3 After an overnight series of amendment votes, the US Senate passed its version of the One Big Beautiful Bill Act on July 1, 2025, by a vote of 51-50, with Vice-President J.D. Vance providing the tiebreaker. The bill would remove the decades-old “de minimis” trade rule that allows low-value packages to avoid duties and rigorous screening. US President Donald Trump’s signature budget legislation would also bar companies with ties to China from gaining clean energy tax credits. Critics warn the move could jeopardise dozens of planned projects and freeze investment in a sector already struggling to decouple from China. Support us: subscribe.scmp.com Follow us on: Website: scmp.com Facebook: facebook.com/scmp Twitter: twitter.com/scmpnews Instagram: instagram.com/scmpnews Linkedin: linkedin.com/company/s...