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Noah Kaufman on Green Trade Tensions

IMF Podcasts

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Introduction

The Inflation Reduction Act unleashed the largest investment ever toward addressing climate change. But it also left many countries questioning some of its policies and how they bend, if not break, international trade rules under the WTO. Noah Kaufman: I don't think this is purely protectionist by any means. It's more a matter of the Biden administration understanding that building out a domestic clean manufacturing and clean energy economy more broadly is necessary for a successful energy transition.

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