‘Knife in the back’, ‘Betrayal’: South Korea is angry at US protectionism for electric cars
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In Seoul, the American desire to give preference to electric cars made in North America was not at all well received.
Why is this important?
This is an issue that could cast a shadow over relations between the United States and South Korea, a country on which Washington depends heavily to counter China’s fully depleted influence in the region.Last month, Joe Biden, by Inflation Reduction Act (Irish Republican Army) The signing, gave a boost to the national electric vehicle sector. The law states that only purchases of electric vehicles manufactured in North America qualify for a tax credit of up to $7,500.
At the same time, the Represent Big concerns have no US factory; These risk seeing their sales decline. Among these manufacturers are Volkswagen, Toyota, Kia and even
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