In a White House meeting Friday, President Biden and European Commission President Ursula von der Leyen will seek to boost cooperation and maintain alignment on countries seen as a threat to the West
WASHINGTON—President Biden and European Commission President Ursula von der Leyen will meet Friday as the U.S. and Europe try to move beyond a spat over subsidies for clean-energy technology and preserve a trans-Atlantic relationship that had strengthened following Russia’s invasion of Ukraine.
The two leaders are also expected to discuss Europe’s own new plans to subsidize clean-energy technology. Biden administration officials had largely shrugged off earlier European demands to limit U.S. subsidies for clean energy, instead encouraging the EU to strengthen its own subsidies.
is also set to put forward legislation next week aimed at speeding up permitting and securing the raw materials needed to make clean-tech products. Seeking to prevent a subsidy war between the two dominant Western economies, Mr. Biden and Ms. von der Leyen are expected also to roll out a new forum for discussing subsidies in the U.S. and EU, according to people familiar with the talks. Officials are hoping the forum will allow the U.S. and EU to communicate about the subsidies available to companies in each place while limiting companies’ ability to pit the two economies against each other.
The push for a new trade agreement on critical minerals stems from a rule in the new electric-vehicle subsidies requiring much of the minerals in the vehicle’s battery to come from the U.S.—or a country with a free-trade agreement with the U.S. The EU, as well as some other close allies including Japan, don’t have a traditional free-trade agreement with the U.S., making them ineligible to meet the sourcing requirement.
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