How should Europe react to the Inflation Reduction Act?
The Sound of Economics
00:00
Should We Do the Same as in the US?
The US is going in that direction of non-cooperative policies, he says. And so the effect outside the US markets I think will not be so strong. Does it mean doing the same as in the US? I don't think so because we are not in the same political situation,. So I think we should do mainly three kind of, well, perhaps two things to avoid and then three things to do. The two thing to avoid is first avoid direct confrontation with the US when it is possible. But a confrontation would not be good in that respect.
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