How Europe intends to respond to the IRA

The dispute with Washington over the Inflation Reduction Act (IRA) could soon be settled. On Thursday in Brussels, High-ranking representatives of the US Treasury negotiated a compromise that addresses the concerns of European automakers in particular. Today, Friday, Treasury officials will be received by the Chancellor’s Office in Berlin and the Federal Ministry of Economics, according to information from Europe.Table. They will also travel to Paris.

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