Korea seeks quick resolution to EV spat regardless of U.S. election outcome

Korean officials continue to engage with the Biden administration about a resolution to Seoul’s concerns over a new U.S. tax credit for North American-made electric vehicles, the country’s trade ministry said this week, alluding to talk of whether Republican lawmakers might seek to “revise” the legislation that created the credits should they win either the House or the Senate in the midterm elections. “[W]e will try to resolve discriminatory issues as soon as possible, regardless of the outcome of the...