11/7/2022, 9:50 AM (Source: TeleTrader)
more TeleTrader news

France: US subsidy law unacceptable to EU

French Economy and Finance Minister Bruno Le Maire said on Monday that the Inflation Reduction Act passed by the United States Congress earlier this year is not acceptable to the European Union.

Speaking to BFMTV, he claimed that the subsidies included in the law could result in a "major shock on European industry."

The EU and the US should find a solution that is acceptable to both sides, he added.

Baha Breaking News (BBN) / MS