Biden, EU chief meet on trade tensions

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The European Union Commission president has worked closely with Biden in forging an unprecedented response to the Russian invasion of Ukraine over the last year. theSun theSundaily Biden EU meeting trade

US President Joe Biden boards Air Force One prior to departure from Philadelphia International Airport in Philadelphia, Pennsylvania, March 9, 2023, as he travels to unveil his Fiscal Year 2024 Federal Budget. AFPPIX: President Joe Biden and top EU official Ursula von der Leyen meet Friday to defuse a transatlantic trade dispute over subsidies for the green economy, as well as cooperation on confronting Russia.

However, tensions are swirling in Europe over the Biden administration's landmark Inflation Reduction Act , a government spending spree championing US manufacturing in climate-friendly technologies. The leaders will express “an articulation of a shared approach and a shared set of goals,“ the official said, speaking on condition of anonymity.

Another difficult area is how to respond to China's increasingly muscular foreign and trade policies.

 

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