BERLIN (AP) 鈥� Germany on Friday welcomed President Joe Biden's apparent that European leaders say .
Biden acknowledged during a visit to Washington by French President Emmanuel Macron on Thursday that there were 鈥済litches鈥� in the Inflation Reduction Act, which favors American-made climate technology for products such as electric vehicles.
鈥淭here鈥檚 tweaks we can make鈥� to satisfy allies, he said.
The European Union and senior officials in some of its 27 member nations have expressed concern that tax credits in the law would disadvantage manufacturers in Europe and break World Trade Organization rules.
鈥淚t's to be welcomed that President Biden said he's taking seriously the concerns that exist in Europe, and is ready to think once more about the construction of this Inflation Reduction Act,鈥� German government spokesman Wolfgang Buechner told reporters in Berlin.
Germany also wants to look once more at the possibility of forging a treaty between the EU and the United States to eliminate industrial tariffs, according to Buechner.
鈥淎fter all, such an agreement would certainly be better than a bidding competition on subsidies and protective tariffs, which some see coming our way as a result of the American Inflation Reduction Act,鈥� he said.
German lawmakers on Thursday approved a that will eliminate almost all customs duties and increases quotas for certain key products in their respective markets when it comes into full effect.
The Associated Press
