US inflation reduction act poses a risk to Europe’s industrial base, EU chief saysUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostPresident Biden signed the US$430 billion anti-inflation bill in August, which includes aid for certain industries, but EU says the legislation, which makes tax breaks conditional on US-manufactured content, puts European companies and ‘green economy’ sector at a disadvantage.Read More

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