WASHINGTON – European Union and US officials will hold talks on Thursday and Friday to discuss ways to grant EU companies, including tram a top EU official said manufacturers, which have a similar status to US companies in the US market, to avoid what the EU calls discrimination against its own manufacturers under the Act Lower US inflation, a top EU official said.
The EU is complaining that even though it allows the government to reduce taxes or subsidies on US electric car purchases like TeslaThe United States provides such support for automobiles or auto parts manufactured in the United States.
“Last month Tesla Model Y is the best-selling car in Germany,” European Commission Vice President Valdis Dombrovskis, in charge of commerce, told a press conference.
“That wouldn’t be possible without a non-discriminatory EU subsidy, while EU electric cars don’t get the same subsidy in the US, that’s discriminatory,” Mr Dombrovskis said. that we want to deal with.”
European Union car manufacturers — such as Volkswagen – is affected by US law, including a wide range of other products.
He said the problem also concerns a variety of goods from the “green economy” area, including the battery, hydrogenand renewable energy equipment.
“The US side is ready to get involved in this matter,” Dombrovskis said ahead of meetings on the matter with U.S. Trade Representative Katherine Tai, Commerce Secretary Gina Raimondo and Treasury Secretary Janet Yellen on Wednesday. Five and Friday.
“We hope we can resolve these issues before they become disputes,” he said, adding that the talks will focus on whether changes to the status of companies will be made. EU companies can be implemented through enforcement provisions for US law, rather than having to submit the entire Inflation Reduction. Act back to Congress for amendments.
