How EV tax credits are straining US-South Korea trade relations
The trade relationship between the United States and South Korea is under new pressure as the Biden administration implements its tax credits for electric vehicles from the recently passed Inflation Reduction Act. POLITICO\u2019s Steven Overly discusses how the domestic production and content portions of those credits is angering South Korea and how the Biden administration is responding. Plus, the Federal Energy Regulatory Commission rejected a challenge by environmentalists to the agency\u2019s August decision to give the embattled Mountain Valley Pipeline more time to complete construction.