EPISODE · Oct 25, 2022 · 8 MIN
How EV tax credits are straining US-South Korea trade relations
from POLITICO Energy · host POLITICO
The trade relationship between the United States and South Korea is under new pressure as the Biden administration implements its tax credits for electric vehicles from the recently passed Inflation Reduction Act. POLITICO’s Steven Overly discusses how the domestic production and content portions of those credits is angering South Korea and how the Biden administration is responding. Plus, the Federal Energy Regulatory Commission rejected a challenge by environmentalists to the agency’s August decision to give the embattled Mountain Valley Pipeline more time to complete construction. Josh Siegel is an energy reporter for POLITICO. Steven Overly covers the intersection of trade and technology policy for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
The trade relationship between the United States and South Korea is under new pressure as the Biden administration implements its tax credits for electric vehicles from the recently passed Inflation Reduction Act. POLITICO’s Steven Overly discusses how the domestic production and content portions of those credits is angering South Korea and how the Biden administration is responding. Plus, the Federal Energy Regulatory Commission rejected a challenge by environmentalists to the agency’s August decision to give the embattled Mountain Valley Pipeline more time to complete construction. Josh Siegel is an energy reporter for POLITICO. Steven Overly covers the intersection of trade and technology policy for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices
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How EV tax credits are straining US-South Korea trade relations
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