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Pierre-Yves Dugua: "Washington is not going to change its law deemed 'protectionist'"

2022-12-02T19:07:51.909Z


ANALYSIS - Both Democrats and Republicans welcome huge European investments in the United States with open arms.


Joe Biden has made no specific public promise to Emmanuel Macron in terms of adjustments to his major law aimed at accelerating the energy transition.

“I am confident that we can find solutions to some of the differences that exist,”

the President of the United States told reporters.

“There are small adjustments that we can make in order to fundamentally facilitate or not the participation of European countries (…)”,

explained Joe Biden without giving details.

It's quite thin.

Especially in view of the multiple accusations of protectionism launched by the French government at the White House and in Congress in recent days.

The efforts of General Motors and Ford to pass the text that benefits their R&D have not been deployed to also finance that of Porsche or BMW.

The reproaches addressed by France to the law are legitimate in many respects.

At least 200 billion dollars in aid, subsidies and various tax credits, provided for by the text voted last August, are directly applicable only to productions located in the United States.

How to be surprised?

Their objective…

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Source: lefigaro

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