Analysts, stakeholders tamp down US-EU trade war worries over EV tax credits

Although tensions remain high, prospects for a US-EU “Transatlantic trade war” precipitated by green energy subsidies in the Inflation Reduction Act have likely been overblown, analysts and stakeholders said Jan. 19. Representatives of EU-based think tanks and industry groups, who spoke on condition of anonymity, said the IRA created a degree of nervousness as the US promoted many of the…