U.S. trade official Tai discussed Inflation Reduction Act with EU's Dombrovskis

Kitco Media
By Reuters
Published:
Updated:
Reuters
WASHINGTON, Feb 17 (Reuters) - U.S. Trade Representative Katherine Tai on Friday met with European Union Executive Vice President Valdis Dombrovskis and discussed the U.S. Inflation Reduction Act, Tai's office said in a statement.


EU countries fear the U.S. legislation's $369 billion of subsidies for electric vehicles and other clean technologies could put companies based in Europe at a disadvantage. (Reporting by Kanishka Singh in Washington)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.