Tai: U.S. having ‘real conversation’ with partners on EV credit, digital issues
The U.S. has heard the complaints from trading partners about the recently passed Inflation Reduction Act and is engaging in “real conversation” with them to address both their concerns and the administration's goals, U.S. Trade Representative Katherine Tai said on Wednesday. The European Union and South Korea, in particular, have repeatedly raised concerns about an electric vehicle tax credit in the IRA that favors North American-made cars over those from other countries. Tai insisted that managing differences with trading partners,...