U.S. does not see electric vehicle tax credits as trade violation -Breaking
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© Reuters. After touring General Motors Factory ZERO’ electric vehicle assembly facility in Detroit, Michigan on November 17, 20, the U.S. President Joe Biden takes to the streets to give remarks. REUTERS/Jonathan ErnstWASHINGTON (Reuters] – On Thursday, the White House declared that electric vehicle tax credit provisions in President Joe Biden’s “Build Back Better” initiative were not considered a violation to a bilateral trade agreement.
Jen Psaki, a White House spokesperson said that “We don’t see it that way.” The tax credits offered consumers the opportunity to save the planet and create new jobs.
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