Subsidies

US, EU agree to intensify talks on 'green subsidies' dispute

US, EU agree to intensify talks on ‘green subsidies’ dispute

Tennessee Rep. Mark Green reacts to China mocking America’s commitment to spending on climate change in “The Evening Edit.” The United States and the European Union agreed on Monday to intensify talks to resolve EU concerns over significant subsidies to American companies contained in a US clean energy law. Although no agreement was reached at …

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Europe First: Brussels is preparing to give up its ideals of free trade

Europe First: Brussels is preparing to give up its ideals of free trade

The last great defender of rules-based open commerce — the European Union — is about to fall. It happens in slow motion and the impact will be painful. If the world’s largest trading bloc abandons the concept of free trade, the entire global economy will suffer. But such an outcome looks increasingly likely, as the …

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Brexit Britain stuck in the middle as US and EU go to war over trade

Brexit Britain stuck in the middle as US and EU go to war over trade

Press play to listen to this article Expressed by artificial intelligence. LONDON — Three years after leaving the EU to chart its own course, Britain finds itself caught between two economic behemoths in a brewing transatlantic trade war. In one corner is the United States, whose Congress passed the Biden administration’s vaunted $369 billion green …

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EU plans subsidy war chest as industry faces 'existential' threat from US

EU plans subsidy war chest as industry faces ‘existential’ threat from US

Press play to listen to this article Expressed by artificial intelligence. The EU is in emergency mode and preparing a major subsidy campaign to prevent European industry from being wiped out by US rivals, two senior EU officials have told POLITICO. Europe faces a double hammer blow from the United States If it weren’t enough …

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