The EU must address the "distortions" created by the US plan.
Concerns of a trade war have been raised by some EU members.
Concerns have been raised that tax breaks may hurt European companies.
The EU should adjust its own rules according to the European Commission President.
She said that the competition needs to respect a level playing field.
Under the IRA, American consumers will get incentives to purchase new and second-hand electric cars, to warm their homes with heat pumps, and to cook their food using electric insturment.
US President Joe Biden said it was the most aggressive action his country had taken to address the climate crisis.
European allies think it's anti-competitive and a threat to European jobs.
The EU had to work with the US to address some of the most concerning aspects of the law.
She said that the EU needs to adjust its own rules on state aid to spur public investment.
The new legislation was raised during a meeting between Mr Biden and the French President.
There could be changes made to make it easier for European firms to take advantage of the subsidies package.
I didn't intend to exclude people who were helping us. Mr Biden said that the intent was not to do that.
Europe is back in business. We are going to create manufacturing jobs in America but not in Europe.
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