French President Emmanuel Macron, kicking off a three-day state visit in the U.S., raised concerns to U.S. lawmakers about Biden administration climate policies giving American companies an unfair advantage in the budding green energy sector.
in the U.S., raised concerns Wednesday to U.S. lawmakers about Biden administration climate policies giving American companies an unfair advantage in the budding green energy sector.
Macron's point of contention is Biden's Inflation Reduction Act, which the administration is rolling out after it passed Congress this year. "I think that this is not in line with the rules of the World Trade Organization and that it is not in line with friendship,". The disagreement risks sparking a trade war if the EU were to adopt similar policies boosting European firms.
Yet the president is finding out that his push for American innovation in the climate sector isn't so popular overseas. Macron's visit marks the first official state dinner in the Biden presidency, but it's not the first time Macron has visited the White House for the pageantry. In 2018, then-President Donald Trump hosted Macron for his first state dinner.
Discussing climate change more broadly, Macron said France and the U.S. must"deliver together" and announced a summit in Paris this summer to produce"concrete actions."
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