Ursula Von der Leyen in search of new concessions on the Biden plan
DECRYPTION – After a few concessions obtained on vehicles for commercial use, an American gesture is mentioned on batteries and their components.
After Bruno Le Maire and Robert Habeck in February, Olaf Scholz last week, the turn ofUrsula von der Leyen to hurry to Washington. The President of the Commission, who passed by Canada on Tuesday, meets Joe Biden on Friday. If Ukraine will be at the heart of the discussions, as will a new global alliance on rare materials, it is of course the Inflation Reduction Act (IRA), this plan of 370 billion dollars in subsidies for green technologies produced in the States States, that the German is expected.
If all goes well, the two officials could announce new guarantees to European companies so that they benefit more from the subsidies provided by the IRA and its local content criteria. After a few concessions obtained on vehicles for commercial use (leasing), an American gesture is mentioned on batteries and their components. This would bring the Europeans closer, as they demand, to the conditions granted to Canada and Mexico…