‘Knife in the back’, ‘Betrayal’: South Korea is angry at US protectionism for electric cars

'Knife in the back', 'Betrayal': South Korea is angry at US protectionism for electric cars

In Seoul, the American desire to give preference to electric cars made in North America was not at all well received.

Why is this important?

This is an issue that could cast a shadow over relations between the United States and South Korea, a country on which Washington depends heavily to counter China’s fully depleted influence in the region.

Last month, Joe Biden, by Inflation Reduction Act (IRA), a boost to the national electric vehicle sector. The law states that only purchases of electric vehicles manufactured in North America qualify for a tax credit of up to $7,500.

At the same time, the Represent Big concerns have no US factory; These risk seeing their sales decline. Among these manufacturers are Volkswagen, Toyota, Kia and even

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