News Analysis: Germany's exporters critical of U.S. protectionism

by Vanessa Lett

BERLIN, Jan. 21 (Xinhua) -- Since the U.S. passed its 2022 Inflation Reduction Act (IRA) in August last year, Germany and other European Union (EU) countries have criticized the bill as thinly veiled protectionism.

"The U.S. is our partner with shared values, but this is an enormously protectionist economic policy," German Minister of Finance Christian Lindner has said.

The 369 bill