IRA: EU states insist on free trade status

In the trade dispute with the United States over the Inflation Reduction Act (IRA), EU countries insist on a comprehensive concession from the United States. „The Council invites the Commission to work intensively to defuse the problematic and discriminatory elements of the IRA, including ensuring that the European Union is granted equivalent free trade partner status under the provisions of the IRA“, reads a draft final statement circulated yesterday by the European Council meeting in Brussels today and tomorrow.