© Reuters. FILE PHOTO: Executive Vice President of the European Commission Valdis Dombrovskis takes part in the US-EU stakeholder dialogue during the Trade and Technology Council (TTC) ministerial meeting at the University of Maryland in College Park, MD, US, Dec.
WASHINGTON (Reuters) – European Commission Vice President Valdis Dombrovskis said on Friday the bloc was ready to move quickly on a trade agreement with the United States on critical metals used in electric vehicles and that the recent agreement between the United States and Japan was a “good foundation”. for discussions.
Dombrovskis told reporters that he could not provide any details about the timing of the agreement between the United States and the European Union after the quick agreement between Washington and Tokyo. On Tuesday, the US Treasury Department is expected to reveal which vehicles will see a decrease in access to US tax credits of up to $7,500 based on their metal and component content.
Dombrovskis said during meetings of the International Monetary Fund and World Bank in Washington