BEIJING, Sep 22 (Reuters) – China said the US Inflation Reduction Act is suspected of violating WTO rules and will take action if necessary to protect its legal rights, Commerce Ministry spokesman Shu Jueting said on Thursday.
Shu added that China will monitor the implementation of the law and evaluate its implementation.
A new law signed into law by US President Joe Biden last month removes federal tax credits for electric vehicles (EVs) made outside of North America.
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Report of the Beijing News Department; editing by Jason Neely
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