Dombrovskis: U.S. could treat EU on par with FTA partners for IRA purposes

The U.S. could be open to treating the European Union in the same category as U.S. free trade agreement partners for the purposes of certain tax credits enacted under the Inflation Reduction Act, European Commission Executive Vice President and Trade Commissioner Valdis Dombrovskis told EU lawmakers on Monday, while expressing doubt that Washington would resolve all of Brussels’ concerns about the bill. “We have some opening from the U.S. on the question of raw materials and the possibility to treat...