Why EU leaders are upset over Biden’s Inflation Reduction Act

[ad_1] Issued on: 16/12/2022 – 11:58 EU leaders are looking for ways to counter aspects of the US Inflation Reduction Act (IRA) that they fear will unfairly discriminate against European firms. With the IRA giving generous subsidies and priority access to American businesses, the EU is now considering a subsidy program of its own. European Union leaders on Thursday sought ways to stand up to the United States over its new green technologies plan that they say…

"Why EU leaders are upset over Biden’s Inflation Reduction Act"