The European Union and the United States have jointly launched a task force on the US Inflation Reduction Act (IRA), the European Commission announced on Wednesday 26 October. The Commission President’s Chief of Staff, Bjoern Seibert, and the US Security Advisor, Mike Pyle, launched the new project when they met in Berlin on 25 October.
EU Trade Commissioner Valdis Dombrovskis has repeatedly expressed concern about the impact of the IRA on European electric vehicle producers, as the...