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How should Europe react to the Inflation Reduction Act?

The Sound of Economics

CHAPTER

The EU's Concerns About Sub-the-Dism

The IRA was initially pretty much welcomed, I think, in the EU on the grounds that it is a huge step forward on global climate policy. But then sort of this sense started trickling in as like, oops, there's some really bad protectionism in there. Can you explain this a little bit and then we'll get to how the EU should react?

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