Katherine Tai, the Biden administration’s most senior trade official, has called on the EU to introduce subsidies as she offered a trenchant defence of the US’s bumper green energy package that critics say unfairly supports its own manufacturers.
The White House’s Inflation Reduction Act, a $369bn flagship package to spur investment in green technologies, was signed into law in August, offering subsidies and tax credits for US-manufactured products ranging from solar panels to electric vehicles.
Tai, the US trade representative, said in an interview with the Financial Times following a meeting with European ministers in Prague that she was “extremely proud of the investments [in a clean future] that we have made as the Biden administration”.
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