Amid trade dispute, US and EU to seek minerals agreement, talks on subsidies

Published by
Reuters

WASHINGTON (Reuters) – Amid trade frictions, President Joe Biden and European Commission President Ursula von der Leyen hold talks on Friday that may lead to negotiations on critical minerals used for electric vehicles and government subsidies, U.S. officials said. Biden and von der Leyen are to meet at the White House at 2 p.m. EST (1900 GMT) against a backdrop of European complaints that subsidies, including in the U.S. Inflation Reduction Act, will divert investment away from Europe and hurt their economies. Senior Biden administration officials who briefed reporters ahead of the talks said…

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