US, France agreed to ‘fix’ US subsidies issues, says Macron
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President Joe Biden joins French President Emmanuel Macron during a toast during the State Dinner at the White House in Washington, on Dec. 1, 2022.
PHOTO: NYTIMES
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LOS ANGELES - President Joe Biden and French President Emmanuel Macron agreed during a state visit earlier this week
Mr Biden’s Inflation Reduction Act
But European leaders say the legislative package is unfair to non-American companies and would be a serious blow to their economies as Europe deals with the fallout from Russia’s February invasion of Ukraine.
“What we decided with President Biden is precisely to fix this issue. And they are fixable,” Mr Macron told CBS’ 60 Minutes in an interview released on Sunday.
On Thursday, speaking alongside Mr Macron, Mr Biden said: “There are tweaks that we can make that can fundamentally make it easier for European countries to participate and or be on their own.” REUTERS
