How do you know when you have a hit on your hands? When your competitors complain about it.
Over the weekend, European Commission President Ursula von der Leyen said that the U.S. Inflation Reduction Act constituted a “new assertive industrial policy” and that Europe needed a “structural answer.”
Von der Leyen’s measured words contrast with some of her earlier statements and those of other EU officials.
The first hints that the one-two punch of the Bipartisan Infrastructure Law and the IRA were landing potentially knockout blows came in October, when the EU’s competition commissioner called th
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