Policy

Can the US Assuage Trading Partners on EV Subsidies?

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When US lawmakers laid out subsidies for climate technology last year in the Inflation Reduction Act (IRA), they tied that support to US-based manufacturing, especially for electric vehicles (EVs). Those stipulations have sparked criticism from major trading partners and left President Joe Biden's administration attempting to carve out some flexibility in how it interprets relatively strict requirements. The Treasury Department has taken some steps to soften the blow and is contemplating a few more tweaks.

Topics:
Electric Vehicles, Low-Carbon Policy, Policy and Regulation
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