Inside Trade

September 10, 2024

South Korea and U.S. agree to ‘ministerial-level’ talks on EV tax credit

By Maydeen Merino  / September 7, 2022 at 6:42 PM
The U.S. and South Korea have agreed to undergo “ministerial-level” discussions on the U.S. Inflation Reduction Act’s electric vehicle tax credit, which Korea has said is discriminatory against its auto manufacturers, according to a report from the Yonhap News Agency . South Korean Trade Minister Ahn Duk-geun voiced his concerns about the Inflation Reduction Act’s electric vehicle tax credit to U.S. Trade Representative Katherine Tai during a meeting in Washington, DC, on Wednesday. “We will discuss specific dates and other...

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