China is Unhappy with the Inflation Reduction Act and Has Complained to the WTO
The Truth About Cars
MARCH 28, 2024
Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. The Chinese Ministry of Commerce claimed the Inflation Reduction Act is “discriminatory” and said it has “seriously distorted” supply chains. While BYD, China’s largest EV maker, has said it would not come to the U.S.,
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