EU Warns US of Potential Retaliation in Green Subsidies Dispute
- Bloc submits comments to amend Biden’s recently-passed law
- EU Commission contends that some provisions breach WTO rules
Residential solar panel installation.
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The European Union called on the US to amend certain tax benefits contained in recently-enacted green legislation given what it called their discriminatory nature, and warned of potential retaliation.
The bloc wants Washington to remove discriminatory content and production requirements in the Inflation Reduction Act, and to receive the same treatment as other US trading partners.