S6 Ep44: How the US solved its Korean EV trade crisis

VoxTalks Economics
20/10/2023 24 min Temporada 6 Episodio 44
S6 Ep44: How the US solved its Korean EV trade crisis

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Episode Synopsis

The Inflation Reduction Act of 2022 provided $350 billion in tax credits and other incentives for clean energy technologies in the US. So how did American policymakers respond when South Korean government officials declared it was a “betrayal”? Chad Bown of the Peterson Institute tells Tim Phillips the strange-but-true tale of how the problem was fixed, and what it tells us about protectionist trade policy in a global crisis.
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