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U.S. agrees to WTO consultations with China on IRA measures

April 9, 2024 at 1:25 PM
The U.S. has accepted China’s request to hold consultations at the World Trade Organization about Inflation Reduction Act measures, the first step in a formal dispute, and revealed some arguments it may advance in defending one of the Biden administration’s signature legislative efforts. In a WTO communication made public on Monday, the U.S. said it “accepts the request of China to enter into consultations.” Beijing’s March request challenged five IRA tax credits, including the electric vehicle credit and four related...

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