Hyperdrive
China Files WTO Complaint Over US Electric-Vehicle Subsidies
- China says the IRA is discriminatory, distorts supply chains
- US law subsidizes domestic industry and puts curbs on China
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China is taking its dispute with the US over electric-vehicle subsidies to the World Trade Organization, challenging elements of President Joe Biden’s signature climate law passed in 2022.
The Inflation Reduction Act and associated rules are “discriminatory” and have “seriously distorted” the global EV supply chain, the Chinese Ministry of Commerce said in a statement Tuesday announcing a complaint it’s filed to the WTO.