SUBSIDY WARS: Is the Climate Agenda driving a wedge through Global Trade Cooperation?

The United States Inflation Reduction Act (IRA), which combines climate policy and industrial policy, caused immediate concerns in Europe. With significant implications for European competitiveness and impact on its Green Deal ambitions, the EU responded primarily with state aid rules relaxation to encourage European green tech firms to stay put.
How will the EU and the US resolve this green subsidy dispute? How can trade and the climate agenda go together? With an increased use of subsidies by the US and Europe, what are the broader implications for the future of multilateral rules-based trade?’

The AIG Global Trade Series 2023 is a series of podcasts analysing the complex interplay of factors shaping the global trade system. The Global Trade Series is a collaboration between AIG and the following international organisations with leading expertise on global trade: the Aspen Institute Germany; CEBRI - the Brazilian Center for International Relations; Chatham House (UK); the Clingendael Institute (The Netherlands); the Institute of International Economic Law at Georgetown University Law Center (US); ISPI - the Italian Institute for International Political Studies; the Jacques Delors Institute (France); RIETI - the Research Institute of Economy, Trade and Industry (Japan); and the St. Gallen Endowment for Prosperity through Trade (Switzerland).
https://www.aig.co.uk/landing-pages/aig-global-trade-series