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Industry: Paris mobilizes Europe against Washington

2022-11-07T19:14:34.869Z


France is alerting its partners to the protectionism of the American "anti-inflation" plan. Brussels "We must show the greatest firmness, the greatest clarity with our American friends to tell them that this law poses a real problem for us, since it runs the risk of a major industrial shock on French industry. and European". The Minister of the Economy, Bruno Le Maire, did not mince his words Monday morning on RMC / BFMTV, on the eve of a meeting with his European counterparts. In the v


Brussels

"We must show the greatest firmness, the greatest clarity with our American friends to tell them that this law poses a real problem for us, since it runs the risk of a major industrial shock on French industry. and European".

The Minister of the Economy, Bruno Le Maire, did not mince his words Monday morning on RMC / BFMTV, on the eve of a meeting with his European counterparts.

In the viewfinder of the tenant of Bercy, the new law of reduction of inflation (Inflation Reduction Act, IRA), adopted last August in the United States.

“I sounded the alarm because I see the impact of this famous IRA (…), which creates a real element of distortion of competition”,

added the European Commissioner for the Internal Market, Thierry Breton.

This text, which caused the two Frenchmen to react strongly, was designed by Washington as a plan to reduce Americans' greenhouse gas emissions by 50% by 2030, and provides for nearly 370 billion…

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Source: lefigaro

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