.RepDonBeyer is the latest Democrat speaking out about the Biden administration’s electric vehicle tax credit guidance, saying their “go-it-alone approach on trade policy is risky and unsustainable.”
Beyer’s comments come as the U.S. Treasury Department unveiled stricter electric vehicle tax rules recently in an effort to wean the United States off dependence on China for EV battery supply chains. The guidance, set to take effect for vehicle purchases starting April 18, triggers new requirements for critical mineral and battery components.
“Changing the basic definition of free trade agreements for the purposes of skirting Congress’s intent in the Inflation Reduction Act, even for laudable climate and diplomatic goals, could easily be reversed by a future administration and set our climate agenda back immeasurably,” Beyer said in a statement on Thursday.
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