Electric vehicles headlined the transatlantic dispute over the Inflation Reduction Act. That feud may have been resolved, but many conflicts remain. Part 1 (2:30) describes the need for US policy to take on climate issues, including for electric vehicles. Part 2 (5:57) tackles IRA’s key provisions and the European Union’s complaints. Part 3 (12:27) details the Biden administration policy response to those European complaints, including the new US leasing and critical minerals agreement policies. Part 4 (20:27) explores the data on EV trade and American leasing to assess some of the impact of the US policies thus far. Part 5 (30:01) describes, from the EU perspective, what has not been fixed with the IRA and why Europe may remain upset. Part 6 (41:01) details important features of the EU’s own policy for electric vehicles impacting trade flows. Cecilia Malmström (PIIE), Kristin Dziczek (Chicago Fed), and Jessica Caldwell (Edmunds) all join to help tell the story (Total: 46:26).

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Episode Transcript [PDF]