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S. Korea Seeks to Join Hands with EU over U.S. Inflation Reduction Act

S. Korea Seeks to Join Hands with EU over U.S. Inflation Reduction Act

SEOUL, Aug. 25 (Korea Bizwire) — South Korea will seek a joint response with the European Union over the U.S. Inflation Reduction Act that excludes electric vehicles assembled outside of North America from tax incentives, the industry ministry said Thursday. The law, signed by U.S. President Joe Biden last week, calls for the expansion of [...]