After hosting his French counterpart for the first state dinner at the White House on Thursday, U.S. President Joe Biden said the American subsidies act was never intended to exclude European allies.
What Happened: Biden said the new laws that give incentives for domestic production of computer chips and renewable energy parts could be tweaked to make it easier for European nations to participate.
“There are tweaks that we can make that can fundamentally make it easier for European countries to participate and/or be on their own,” Biden said, speaking with French President Emmanuel Macron at a joint press conference at the White House.
"There is no fundamental — it was never intended, when I wrote the legislation — I never intended to exclude folks who were cooperating with us. That was not the intention," Biden added.
The U.S. president did not share more details on what options he is considering and how the act can be more inclusive.
This came after Macron, on Wednesday, addressed U.S. lawmakers and pushed back over the Inflation Reduction Act, according to a participant in a closed-door meeting. Macron called the $430 billion bill that has riled Europe "super aggressive" toward European companies.
Meanwhile, it is going to be tough for Biden to get Capitol Hill to reopen fiercely-debated bills since the Republicans have gained control of the House after recent midterm elections.
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