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U.S. Senator Joe Manchin is urging auto manufacturers to sue the Treasury Department over its local content rules for clean energy tax credits under the Inflation Reduction Act. On Tuesday, Manchin argued that the implementation of these rules, particularly for electric vehicle (EV) tax credits, gives China access to U.S. markets. He conveyed this message to Treasury Secretary Janet Yellen, emphasizing his concerns about the impact on American manufacturers.
US Senator Manchin encouraging industry to sue Treasury over EV tax credits https://t.co/MCsqJ1j5Un https://t.co/ih4u3Zyfw6
US Senator Joe Manchin said he was urging US companies to sue the Treasury Department over the local content rules it has set for companies to receive clean energy tax credits under the Inflation Reduction Act (IRA) https://t.co/qCHHXGEUKy https://t.co/orcKhSToZG
🔵 US SEN. MANCHIN SAYS HE'S ENCOURAGING INDUSTRY TO SUE TREASURY OVER EV TAX CREDITS Full Story → https://t.co/asyuMIU5Xp U.S. Senator Joe Manchin on Tuesday said he was urging U.S. companies to sue the Treasury Department over the local content rules it has set for… https://t.co/CiBD74QSod
