President Joe Biden and top EU official Ursula von der Leyen meet Friday to defuse a transatlantic trade dispute over subsidies for the green economy, as well as cooperation on confronting Russia.
The European Union Commission president has worked closely with Biden in forging an unprecedented response to the Russian invasion of Ukraine over the last year.
European capitals joined Washington in a united front on sanctions against Moscow and supplying weapons and aid to Ukraine. EU countries also surprised many by moving quickly to break the bloc’s dependency on energy supplies from Russia.
However, tensions are swirling in Europe over the Biden administration’s landmark Inflation Reduction Act (IRA), a government spending spree championing US manufacturing in climate-friendly technologies.
Amid EU alarm that the subsidies will shut out European manufacturers and hurt the energy and auto sectors, the European…
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