BERLIN, Feb 8 (Reuters) - The head of Germany's VDA auto association said on Wednesday it was important that the U.S. Inflation Reduction Act does not lead to a "spiral of protectionism" and praised Economy Minister Robert Habeck for championing closer transatlantic relations.
"It is important to prevent U.S. support practises resulting in copycat responses and counter-reactions e.g. from the EU, which could lead to an overall spiral of protectionism," VDA President Hildegard Mueller said in a statement.
Habeck said on Tuesday he sensed great willingness on Washington's part to engage with Europe's concerns about the U.S. Inflation Reduction Act but gave few specifics.
Read Full Story: https://news.google.com/rss/articles/CBMiUGh0dHBzOi8vZmluYW5jZS55YWhvby5jb20vbmV3cy9nZXJtYW4tYXV0by1hc3NvY2lhdGlvbi1jaGllZi1tdXN0LTA4MTc1MTg4OC5odG1s0gFYaHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9hbXBodG1sL25ld3MvZ2VybWFuLWF1dG8tYXNzb2NpYXRpb24tY2hpZWYtbXVzdC0wODE3NTE4ODguaHRtbA?oc=5
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
