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The content originally appeared on: CNN London CNN Business - The world's biggest economic relationship has hit a rough patch. The European Union and United States - together responsible for one third of global trade - have been at loggerheads in recent weeks over US President Joe Biden's landmark $370 billion climate plan. The Inflation Reduction Act (IRA), which passed Congress in August, promises generous subsidies and consumer tax breaks that benefit North American carmakers. So far, so good. Europe […]
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