HomeWorldEuropeans are divided on...

Europeans are divided on US subsidies

As is often the case in Europe, there was a delay in the outbreak. In mid-August, when Joe Biden announced with much fanfare his so-called “IRA” inflation reduction law, which plans to allocate about 370 billion dollars to reduce greenhouse gases, Brussels saw nothing but fire. On Twitter, Ursula von der Leyen even welcomes the text.

After the very difficult years of Trump, the president of the European Commission is satisfied that the USA is returning to the fight against global warming. But in the fall, with EU energy prices rising and economies slowing, Europeans are seeing how far the law pushes protectionism and will punish the bloc’s industries.

“It is pure discrimination in favor of the local producer. It goes against everything Americans have subscribed to since 1947. With this law, they sat on the rules of international trade.critic Pascal Lamy, honorary president of the Institute…

This article is for subscribers only. You have 74% left to discover.

Freedom has no limits, just like your curiosity.

Continue reading your article for €0.99 for the first month

ENJOYING IT!

Already subscribed? enter

Source: Le Figaro

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

The Russian Federation was attacked by drones in the Sumi region – died at home, died of a person (photo)

The army of the Russian Federation struck new strokes in the Sumi region. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } On Sunday, July 6, the invaders sent percussion drones...

The monastery hit the house and the drone on Konstantinovka – killed four people (photo)

The Russian army made a joint attack on Konstantinovka from Donetsk -Region. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } On Sunday, July 6, at 11.00, Invaders threw a controlled...