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After US President Biden had a summit with French President Macron, he acknowledged the problems of the Inflation Reduction Act, which served as the basis for discrimination against Korean electric vehicles, and said that revision was necessary.
The two presidents also strongly condemned North Korea's ballistic missile provocation through a joint statement.
Correspondent Yoon-Soo Kim from Washington.
[Reporter
] US President Biden and French President Macron, who met at the White House in the United States, focused on discussing the Ukraine crisis and the inflation reduction law.
At a press conference held after the meeting, President Biden admitted that there were some problems, although he would not apologize for the backlash against the Inflation Reduction Act, which was the basis for discrimination in electric car subsidies.
[Biden/President of the United States: (Inflation Reduction Act) There is obviously a bit of a problem, and it seems to need revision.
For example, some statutes provide exceptions for countries that have signed free trade agreements with the United States.]
As concerns over discrimination in electric car subsidies are growing in the European Union following South Korea’s raising concerns, it is possible that the president directly revises the law. seems to have been mentioned.
The two presidents also agreed to continue to support Ukraine.
In particular, as Russia's recent attacks targeting the private sector of Ukraine have been intensifying, it has been decided to strengthen both civilian and military support.
[Macron/French President: This morning's summit was an opportunity to reaffirm the plans the two
countries will take over the coming weeks and months to strengthen and continue their support for the Ukrainian armed forces.]
The leaders of the countries also included in the joint statement condemning North Korea's ballistic missile launch and agreeing to continue cooperation with the UN Security Council.