EU has serious concerns about U.S. Inflation Reduction Act: CNBC

NEW YORK, Nov. 8 (Xinhua) -- The European Union has "serious concerns" about the U.S. Inflation Reduction Act, saying it breaches international trade rules, CNBC reported on Monday, citing an official document.

European officials have acknowledged the green ambitions associated with the package, but they are worried about "the way that the financial incentives under the act are designed," the document, to be pre