Italy urges EU to push back against US law – media ...News

PM Giorgia Meloni says the bloc must protect key industries as Washington undermines economic competitiveness Italian Prime Minister Giorgia Meloni has called for the European Union to become more economically independent in the wake of a new US law that puts the bloc’s manufacturers at a competitive disadvantage, Bloomberg reported on Thursday. Speaking at her year-end press briefing in Rome, Meloni urged the EU to build its own supply chains for key industries in response to the US Inflation Reduction Act (IRA), a $360 billion spending bill that President Joe Biden signed into law in August, according to the med

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