Senator Wants U.S. Manufacturers To Sue The Treasury Over Inflation Reduction Act’s EV Tax Credits

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Senator Wants U.S. Manufacturers To Sue The Treasury Over Inflation Reduction Act’s EV Tax Credits
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Senator Joe Manchin claims the revised IRA, which extends reliance on Chinese materials for another year, harms U.S. companies

Senator Joe Manchin urges U.S. companies to sue the Treasury over IRA content rules, claiming harm to manufacturers. Manchin criticizes the Treasury for halving local content requirements, extending reliance on Chinese supply chains. Final rules allow the use of Chinese minerals in EV batteries until 2027, sparking Manchin's opposition. The Inflation Reduction Act has had its fair share of controversy. Now, in a new development, U.S.

Read: New EV Tax Credit Changes Could Make More Vehicles EligibleManchin, who recently left the Democratic Party to become an independent, has been a vocal critic of the Treasury's implementation of the IRA, arguing it undermines U.S. manufacturers by extending reliance on Chinese supply chains.

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