France, Germany protest U.S. subsidies on Washington trip

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France, Germany protest U.S. subsidies on Washington trip
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France and Germany's economy ministers found a willingness in Washington to engage with Europe's concerns over the U.S. Inflation Reduction Act but emerged with few specifics from meetings with top officials there.

The symbolic trip by the duo in charge of Europe's two largest economies was designed to highlight the matter's importance, he added.

After meetings with Yellen, Commerce Secretary Gina Raimondo and White House officials, Habeck and Le Maire emerged with few specifics other than pledges to be clear about their competing green subsidies. "There is a huge willingness... Both sides agreed full transparency and we will a technical group to make this transparency work," Habeck said.

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