The request of the European Parliament to file a complaint against the United States to the World Trade Organization.
The German newspaper “Tugschau” wrote in a report: “Brand Lang, the head of the trade committee in the European Union Parliament, is no longer looking for a negotiated solution to the disputes with the United States over Joe Biden’s deflationary law.” “, the President of the United States, does not believe. Lange called for the European Union to file a complaint against the United States at the World Trade Organization (WTO) in the coming months.
“This complaint should make clear that the actions of the United States are clearly inconsistent with WTO rules,” Long said. He spoke ahead of a meeting of the EU-US Trade and Technology Council on Monday, where representatives from Washington and Brussels are set to discuss Europe’s widespread concerns about subsidies in the US climate protection social package. talked.
Long assumes that some small changes to the implementation of the so-called Inflationary Reduction Act (IRA) of the United States could still be agreed in the negotiations. At the same time, he said: But I don’t think that fundamental changes will be made, because the law has already been approved. That is why the EU, for its part, must now increase its support for domestic industry.
“We also need to look at whether and how we can lower energy prices for industry, which are currently up to ten times higher than in the United States,” Long said.
Markus Ferber, the economist of the Union of Christian United Parties in the European Union Parliament, also called for European countermeasures and said: “If the United States does not take a step toward Europe at the meeting on Monday, the European Union Commission should consider activating the so-called European trade defense instrument.” . He emphasized: This will definitely be the nuclear option and anything but desirable in the current situation. Nevertheless, the European side should put all the tools of torture on the table.
The American IRA Anti-Inflation Act is a multi-billion dollar welfare package that was passed in August in the United States. The package provides $370 billion (about 357 billion euros) for climate protection and energy security, including subsidies for US-made electric vehicles, batteries and renewable energy projects. These subsidies have been widely criticized in the European Union: it is feared that European companies will be hurt and important parts of the economy will migrate from this Union.
