US-EU Talks ‘Moved the Needle’ on Inflation Reduction Act Issues, Vestager Says
- Vestager said EU, US have solved difficult issues in past
- EU believes Inflation Reducation Act is discriminatory
This article is for subscribers only.
Discussions between the European Union and US this week “have moved the needle in order to get closer to a solution” to issues the bloc has with the American Inflation Reduction Act, said Margrethe Vestager, the EU’s antitrust chief.
“One of the reasons why I have a sense of comfort is that we have solved very difficult things before,” Vestager said, pointing to previous issues over US-EU data flows. “So when you’ve done something difficult once, you tend to think, well, we can do something difficult again.”