European Commission: US inflation law could harm EU companies

European Commission Executive Vice President Valdis Dombrovskis said the US inflation reduction law contains discriminatory elements that could harm European companies.

And a European official added at a meeting before the third meeting of the EU-US Trade and Technology Council: “The inflation control law contains clearly discriminatory elements that will harm EU companies and their ability to export to the United States, and could also significantly affect our competitiveness. “.

Dombrovskis noted that the European Union and the United States have formed a special group around this law to discuss the concerns of the European Union and work to find solutions.

“We demand fairness, nothing more: we want and expect European companies and exports to be treated in the United States in the same way that American companies and exports are treated in Europe,” he said.

Source: News