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Pressure on US on IRA may get results

Strong lobbying by the European Union and key G7 partners against President Joe Biden’s Inflation Reduction Act (IRA) is starting to see signs of results with Washington indicating that the landmark IRA may be revised to accommodate concerns expressed by its allies.

Pressure on US on IRA may get results Pressure on US on IRA may get results Pressure on US on IRA may get results Pressure on US on IRA may get results Pressure on US on IRA may get results

Pressure grows on IRA

US federal subsidies available to electric vehicle makers, battery makers and other sectors in the green energy transition under the IRA have led to threats of a potential trade war from European and