Sources: Electric vehicle tax credit dispute could affect IPEF talks

Key allies’ concerns over U.S. electric vehicle tax credits could affect negotiations on the Biden administration’s signature economic initiative in the Asia-Pacific region, sources tell Inside U.S. Trade . Tami Overby, a senior adviser at the Albright Stonebridge Group, an international business consultancy, told Inside U.S. Trade South Korea’s concerns about the U.S. Inflation Reduction Act’s EV tax credit could “spill over” into the Indo-Pacific Economic Framework for Prosperity negotiations. A U.S. business representative and an industry association source,...