MUNICH, Feb 17 (Reuters) – French President Emmanuel Macron signaled on Friday that he would talk about issues about U.S. electrical car subsidies with Vice President Kamala Harris as they met through the Munich Safety Convention.
“We're working exhausting,” on the difficulty, Macron mentioned earlier than their assembly.
Whereas EU international locations welcome the U.S. dedication to vitality transition, they worry the U.S. Inflation Discount Act's (IRA's) $369 billion of subsidies for electrical automobiles (EVs) and different clear applied sciences may put firms primarily based in Europe at an obstacle.
Harris mentioned they have been additionally going to debate their dedication to supporting Ukraine towards Russia's invasion however provided no remark concerning the subsidy situation earlier than reporters have been ushered out of a gathering between the 2 leaders.
The invoice is a key a part of Biden's imaginative and prescient to cope with local weather change, reinvigorate American manufacturing and compete with China, but it surely has rankled allies from Brussels to Seoul.
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Macron, who U.S. President Joe Biden celebrated with a lavish state dinner in December, introduced round that point that the 2 leaders had agreed to “repair” points concerning the made-in-America EV regulation. However an answer from Washington that may be acceptable to France has not been forthcoming within the months since.
Reporting by Trevor Hunnicutt and Doina Chiacu; Modifying by Alistair Bell
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