Although the European Union (EU) has responded relatively cautiously to the latest US tariffs, trade relations across the Atlantic continue to confront significant headwinds.

The European Union (EU)’s opposition to the US Inflation Reduction Act (IRA) has become a serious trade dispute between the two sides of the Atlantic. Although the US affirmed that its support for green industry would not aim to harm the EU, the tensions related to this issue are at risk of causing a significant rift in the alliance.