EU Seeks Further US Remedies Over Green Stimulus Spat

June 22, 2023, 12:05 PM UTC

The European Union is pushing the US for further remedies to address issues related to President Joe Biden’s massive green subsidies package, as the two partners seek to avoid a trade dispute.

“We are making some progress in regards to the Inflation Reduction Act,” Valdis Dombrovskis, the European Commission’s vice president for trade, said in an interview with Bloomberg in London. “But not all of our concerns are addressed.”

Biden’s $370 billion package initially drew a sharp rebuke from EU officials, though they have since changed their tone, emphasizing the strength of the bloc’s single market and the ...

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