Biden and EU’s von der Leyen to meet amid subsidies dispute

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Biden and EU’s von der Leyen to meet amid subsidies dispute
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European Commission President Ursula von der Leyen will discuss clean energy and supply chains with President Joe Biden in Washington on March 10, the White House said, as European nations worry that new U.S. subsidies will hurt their economies. | Reuters

During a December visit by France’s President Emmanuel Macron to the White House, Biden said that bills aimed at boosting U.S. renewable energy and the semiconductor industry have “glitches” that can be addressed.in response to the U.S. measure, with increased levels of state aid to help Europe compete as a manufacturing hub for clean tech products.

The pair will also take stock of a joint task force on energy security that was set up a year ago to help reduce EU dependence on Russian fossil fuels, the White House statement said, and discuss challenges posed by China. Washington and its allies have said in recent weeks that China was considering providing weapons to Russia, which Beijing denies. Aides to Biden have not publicly provided evidence.Your subscription has been successful.

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