December 17, 2022, 08:07 – Public News Service – OSN

Law U.S.A on the fight against inflation will have a negative impact on producers from Europe. This was stated by the Belgian member of the European Parliament Philip de Man.

The document was adopted in August 2022. It implies significant tax breaks for a number of sectors, writes RT.

According to the parliamentarian, the law violates WTO rules and creates unfavorable competitive conditions for European manufacturers. Those, in turn, tend to export products to the States.

“What specific measures does the European Commission intend to support industry and keep it in the European Union?” De Man asked.

The text of the law also refers to tax incentives that encourage consumers to purchase electric vehicles assembled in the United States. And also about reducing healthcare costs, reducing harmful emissions, tax reform, etc.

Earlier, the Public News Service reported that after the introduction of a ceiling for Russian oil prices on December 5, the ruble is under strong pressure. pressuresaid Alexander Sidorov, senior analyst at AlfaStrakhovanie – Life.