U.S. And EU Look To Launch Trade Talks On Critical Minerals ...Middle East

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The United States and the European Union could launch talks on critical materials trade when U.S. President Joe Biden welcomes European Commission President Ursula von der Leyen in the White House on Friday. The EU and the U.S. are in a spat over the subsidies in the U.S. Inflation Reduction Act, which Europe fears could prompt European clean energy manufacturing companies to relocate to America to benefit from the $370 billion in tax credits and loans earmarked for clean energy in the IRA.   The European Commission presented last month its…

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