Tax credits for EU electric vehicles to dominate U.S. trade talks

Ireland News News

Tax credits for EU electric vehicles to dominate U.S. trade talks
Ireland Latest News,Ireland Headlines
  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Top European Union officials are aiming to be more vocal at a trade meeting with their U.S. counterparts on Monday in their criticism of President Joe Biden's climate law that would cut off the bloc's electric vehicles from U.S. tax credits.

and other North American-made EVs, which the 27-country bloc fears will significantly hurt European automakers.

The TTC has focused in its first two meetings on regulatory co-operation and presenting a united front against China's non-market economic practices.said he and German economy minister Robert Habeck have started talks with their U.S. counterparts on exemption for all EU-made green products. But he also said the EU needed its own equivalent of the IRA.

The dispute threatens to overshadow the agenda of the TTC meeting on the University of Maryland campus in College Park, Maryland, U.S. and EU officials said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ReutersScience /  🏆 559. in US

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fact Check: The U.S. gun homicide rate is over 20 times higher than in European UnionFact Check: The U.S. gun homicide rate is over 20 times higher than in European UnionThe U.S. firearm homicide rate in 2019 was 4.11 people per 100,000.
Read more »

Tax credits for European EVs to dominate trade talks with U.S.Tax credits for European EVs to dominate trade talks with U.S.'The Inflation Reduction Act will be part of the range of discussions on trade,' a spokesperson for the White House National Security Council said.
Read more »

Oil rises after OPEC+ holds targets, China eases COVID curbsOil rises after OPEC+ holds targets, China eases COVID curbsOil prices inched up in early trade after OPEC+ nations reaffirmed their oil output targets ahead of a European Union ban and price caps on Russian crude, which kick off on Monday.
Read more »

Oil prices climb as E.U. price cap, OPEC decision, and easing of China's Covid restrictions provide supportOil prices climb as E.U. price cap, OPEC decision, and easing of China's Covid restrictions provide supportOil futures trade higher on Monday, adding to last week's gain, after a European Union ban on importing Russian seaborne crude and a price cap of $60 a...
Read more »

Explainer: Why the U.S. Inflation Reduction Act has Europe up in armsExplainer: Why the U.S. Inflation Reduction Act has Europe up in armsTop European Union officials will use a trade meeting with U.S. counterparts on Monday to press concerns about Washington's huge new green energy subsidy package.
Read more »

Oil prices climb after OPEC+ keeps output cut targets, China eases COVID curbsOil prices climb after OPEC+ keeps output cut targets, China eases COVID curbsOil prices rose as much as 2% on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a price cap kicking in on Russian crude.
Read more »



Render Time: 2025-03-04 15:52:36