Yoon asks Biden to resolve South Korea's concerns over Inflation Reduction Act -Yonhap
- Country:
- South Korea
South Korean President Yoon Suk-yeol has asked his U.S. counterpart Joe Biden to resolve Seoul's concerns over the recently passed U.S. Inflation Reduction Act, Yonhap news agency reported on Thursday.
The law eliminates federal tax credits for electric vehicles made outside North America, meaning companies including Hyundai and its affiliate Kia Corp will no longer be eligible for such subsidies.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Yonhap
- South Korean
- Joe Biden
- U.S.
- Seoul
- North America
- Yoon Suk-yeol
- Hyundai
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