U.S. President Joe Biden said that new laws that give incentives for domestic production of computer chips and renewable energy parts were never intended to exclude European allies and could be tweaked.
Speaking with French President Emmanuel Macron at a joint press conference at the White House, Biden said "There are tweaks that we can make that can fundamentally make it easier for European countries to participate and/or be on their own."
"There are several options that I am discussing with colleagues but it's not something that we are going to do this week," Coons said. Europe's industry fears that the bill, which gives tax credit for each eligible renewable energy component produced in a U.S. factory, would take away potential investment from the continent.
"We're going to continue to create manufacturing jobs in America but not at the expense of Europe," Biden said.
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