Germany’s Habeck is optimistic that the EU and the US can reduce trade tensions – #Germanys #Habeck #optimistic #reduce #trade #tensions
BERLIN, Feb 6 (Reuters) – German Economy Minister Robert Habeck said on Monday USAbefore leaving for a trip to Europe He expressed optimism that the Union’s trade dispute with Washington will be resolved soon.
Many EU leaders USA369 contained in the Inflation Reduction Act billion dollar green subsidies worry that local content requirements will encourage companies to relocate, which USA-i Europe makes it a leader in the field of green technologies.
Habeck, Europe He said his commission was taking the lead on trade, but added: “We want to support.”
“And that means being supportive: exploring ways that the problematic parts of the Inflation Reduction Act — that is, this industry project — could possibly be addressed in the business environment that we’re developing,” he said.
“And I am quite sure that maybe not today and tomorrow, but in the next few days and weeks, we will manage to find additional solutions,” he said.
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Habeck and French Finance Minister Bruno Le Maire will hold talks with US Treasury Secretary Janet Yellen on Tuesday.
Reporting by Christian Kraemer; Written by Paul Carrel; Edited by Edwina Gibbs
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2023-02-06 11:57:38
Source – reuters
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