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Beginning of a 'new era' after White House meeting between von der Leyen and Biden, 11 Mar
Biden and von der Leyen opened negotiations between Washington and Brussels on a deal that could boost the use of European minerals critical in the production of electric vehicle batteries that are eligible for US TAX CREDITS through Biden's roughly €352 billion clean energy law Inflation Reduction Act that passed last year.
[...]
Speaking to reporters outside the White House following the meeting, von der Leyen said, "Today, we agreed that we will work on critical raw materials that have been sourced or processed in the European Union and give export them access to the American market
< wipes tears > as if they were  sourced manufactured in the American market."
archived critical minerals [raw goods] and battery components [intermediate and finished goods]
"I think for us it's very important that...we join forces because it is crucial for our future for fighting climate change and limiting global warming," von der Leyen said. "So for us, it was and is important that we join forces, that we are complementary, that we boost the respective cleantech [sic] industry on both sides" she added.
archived friendshoring pilot market

m'k. EU27 did not send their best. From whom will Europe import "minerals critical," how much will Europe export to battery and vehicle manufacturers in the USA, and at what price for each year on teh "value chain" escalator—40%, 50%, 60%, 70%, 80%—up to 2026?
archived "He's tough, he's nasty, the kind of guy I want negotiating for me"

by Cat on Sat Mar 11th, 2023 at 10:25:40 PM EST
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