WASHINGTON – Today, the United States Mission to the World Trade Organization (WTO) received a consultation request from the People’s Republic of China (PRC) regarding parts of the Inflation Reduction Act of 2022 and its implementing measures.
Statement from Ambassador Tai:
The Inflation Reduction Act is a groundbreaking tool for the United States to seriously address the global climate crisis and invest in U.S. economic competitiveness. It is our contribution to a clean energy future that we are collectively seeking with our allies and partners. Meanwhile, the PRC continues to use unfair, non-market policies and practices to undermine fair competition and pursue the dominance of the PRC’s manufacturers both in the PRC and in global markets.
Under President Biden’s leadership, we are tackling the climate crisis while strengthening America’s supply chains and energy security. We are building a clean energy economy, powered by American innovators, workers, and manufacturers that will create good-paying union jobs and cut the pollution that drives climate change and environmental injustice.
Through this bold action, the United States will continue to pursue major new investments in clean energy technology, from solar and wind to batteries and electric vehicles and beyond. The United States will also continue to work with allies and partners to address the PRC’s unfair, non-market policies and practices.
We are carefully reviewing the consultation request.
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