EU Trade Envoy Sees Deal on US Climate Package Ahead of Visit
- US open to offering trade-equivalent status, Dombrovskis says
- Commission VP travels to the US next month to discuss the IRA
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The European Union’s trade chief said the bloc is closing in on an agreement with the US on access to raw materials used in batteries, giving EU companies access to some benefits included in President Joe Biden’s green investment plan.
European Commission Vice President Valdis Dombrovskis said the US is considering granting the EU an equivalent status as a trade-accord partner as he prepares to for a trip to Washington next month aimed at smoothing over tensions tied to Biden’s climate plan, the Inflation Reduction Act.