Amid trade frictions, President Joe Biden and European Commission President Ursula von der Leyen hold talks on Friday that may lead to negotiations on critical minerals used for electric vehicles and government subsidies, US officials said.
“This is a deal that is really focused on critical minerals for electric vehicle batteries and battery supply chains. We would expect that this is a negotiation that is limited in scope and relevant to the critical minerals that speak to those needs,” one official said. The official said the dialogue on subsidies would be aimed at making sure the United States and Europe are not working at cross purposes.
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