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Surveillance: Banking Tremor with El-Erian

Bloomberg Surveillance

00:00

The Tension Between the European Union and the U.S.

"What I actually see as an observer is a race for subsidies in the United States," he says. "The European Union racing to get it, act together to do the same thing" EU welcomes climate ambition of inflation reduction act but has serious concerns about discriminatory aspects. We have set up dedicated EU U.S. task force to work on those issues.

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