By Trevor Hunnicutt, Soo-hyang Choi and Joyce Lee
TOKYO/SEOUL (Reuters) – US Vice President Kamala Harris told South Korea’s prime minister on Tuesday that Washington will work to address Seoul’s concerns over recently enacted electric vehicle (EV) subsidies that could disadvantage Asian automakers.
The $430 billion “Inflation Reduction Act” bill enacted in August includes a host of US President Joe Biden’s priorities, including investments to roll back climate change and make Washington a world leader in the EV market.
Among the law’s provisions are requirements that EVs be assembled in North America to qualify for tax credits. The law also