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Published 1 year ago

US, EU meet with little progress on green plan tensions

Summary by Ground News
US and European Union officials met for trade and technology talks on Monday. All eyes were on Washington's landmark Inflation Reduction Act (IRA) The act contains around US$370 billion in subsidies for green energy, as well as tax breaks for US-made electric cars and batteries. EU countries have poured criticism on IRA, seeing it as a threat to European jobs.

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