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Biden and the EU's von der Leyen meet to ease tensions over trade, subsidy concerns

The Inflation Reduction Act, or IRA, promises tax breaks to companies making technology for clean energy. European leaders are concerned EU companies will flee the the US to cash-in on the tax breaks
President of the European Commission, Ursula von der Leyen speaks with U.S. President Joe Biden at the global meeting of G-20 leaders on November 15, 2022 in Nusa Dua, Indonesia

BERLIN – President Joe Biden will meet European Commission President Ursula von der Leyen in Washington Friday in an effort to reduce tensions over trade, maintain a unified focus on achieving a green economy, while hoping to jointly take on China's hold on clean energy technologies and supply chains.

The meeting with von der Leyen is one of several that Biden has held in recent weeks with European leaders around the anniversary of

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