EU Must Be Realistic About US Climate Act, Trade Chief Says

The European Union needs to be “realistic” about being able to resolve its concerns over the US climate law and must prepare its own policy response, Europe’s trade commissioner said.

Speaking ahead of a meeting with US Trade Representative Katherine Tai in Brussels later on Tuesday, Valdis Dombrovskis said EU officials have consistently highlighted “problematic aspects” of the legislation with US counterparts.

EU leaders have been looking at how to respond to President Joe Biden’s climate law, which includes billions of dollars of subsidies and provoked concerns it may lure some production across the Atlantic. A US-EU taskforce was ...