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Column: U.S. hits the EV accelerator to cut Chinese metals ties

Reuters · last updated

The Inflation Reduction Act (IRA) includes the “largest investment ever in combating the existential crisis of climate change”, according to President Joe Biden, who will sign the bill into law later on Tuesday.

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Related Knowledge Center: Climate legislation

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The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.

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