France, Germany Pledge Joint Response to U.S. Inflation Reduction Act

**France and Germany Vow United Front Against U.S. Inflation Reduction Act**

**Paris, March 15, 2023** – France and Germany have pledged to coordinate their response to the recently enacted U.S. Inflation Reduction Act (IRA), which has raised concerns about its potential impact on European businesses and economies.

In a joint statement issued after a meeting in Paris on Wednesday, French President Emmanuel Macron and German Chancellor Olaf Scholz expressed their shared concerns about the IRA’s provisions, particularly those related to subsidies for electric vehicles and renewable energy.

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