-
Iran president says time to end war while in position of strength
-
MEXC Lists Ondo Tokenized Stock Moderna (MRNAON), Expanding Access to U.S. Biotech Exposure
-
Antonelli fastest in sole Dutch GP practice session
-
Japan axes Netflix collaboration after outcry over dating show
-
2,500 dead and rising -- UN says DR Congo Ebola outbreak 'growing exponentially'
-
Stocks tread cautiously as traders weigh US Treasury action
-
England all out for 409, lead Pakistan by 238 runs in 1st Test
-
STARTRADER Launches XAUUSD247, Extending Gold CFD Access Across the Full Week
-
Premier League returns with Arsenal eyeing title dynasty
-
Spurs agree deal to sign Man City's Savinho: reports
-
Bayern knew about Musiala's condition 'a long time ago' says Kompany
-
US-sanctioned ICC head warns against 'demise of international rule of law'
-
Ex-Pakistan PM Khan taken back to jail after hospital checks
-
Top India court orders new steps to protect threatened elephants
-
Real Madrid star players are compatible: Mourinho
-
Djibouti football federation accused of misusing funds
-
Drovix Launches In-House Multi-Asset Liquidity and Execution Stack for Sub-Millisecond Fills, Tighter Spreads
-
Australia charges man with trying to pass Ukraine military intel to Russia
-
'So bad it's good': rough animated film becomes surprise Chinese hit
-
Ex-Pakistan PM Khan taken back to jail after hospital checks: govt
-
'I'll adapt': First pregnant candidate navigates French presidential race
-
China, Indonesia hold talks on security, defence
-
Hong Kong convicts Tiananmen vigil activists of inciting subversion
-
Train to nowhere? South Korea's lonely push for peace with the North
-
The Hong Kong Tiananmen vigil activists convicted in national security trial
-
Australia's Hussey mulls role with England for Ashes series
-
Eel-powered Japan whizz-kid, 11, chases Asian Games history
-
Indian captain 'scapegoat' in Britain's Russia shadow fleet case, wife says
-
Asian markets extend rally as traders assess US Treasuries pledge
-
Rosenior seeks to match Paris FC's capital ambition as Ligue 1 returns
-
Barcelona enter new era as Flick targets La Liga hat-trick
-
Inter set for Serie A title defence as Milan get Amorim reboot
-
Pogacar favourite for Vuelta with Grand Tour treble in sight
-
'Greatest' Springboks face All Blacks in clash of juggernauts
-
Bangladesh coach Simmons wary of Australia backlash in second Test
-
William and Harry: Britain's warring royal brothers
-
Hong Kong Tiananmen activists to receive national security verdict
-
UN holds second informal poll for next leader
-
Who are the candidates vying to lead the UN?
-
In US mining hub, black lung rates soar
-
Swiatek into Cincinnati semis after Rybakina injury
-
Champions Arsenal embrace being 'hunted' as Premier League returns
-
University suspends academic behind Jason Arday plagiarism charges
-
World No.2 Rybakina retires from Cincinnati clash with Swiatek
-
Key European leaders demand Israel halt West Bank settlement project
-
'I heard you missed me': Melania Trump jokes about month out of spotlight
-
McIlroy bounces back to share BMW Championship lead
-
Amazon Prime Video to invest $2 bn in Latin America productions
-
Cobolli fueled by candy in sweet defeat of Paul
-
Panama Canal to reduce shipping over El Nino-fueled drought
Biden, EU chief meet on trade tensions, Ukraine
President Joe Biden and top EU official Ursula von der Leyen met Friday at the White House to try to defuse a transatlantic trade dispute over subsidies for the green economy, as well as to bolster cooperation on confronting Russia.
The European Union Commission president has worked closely with Biden in forging an unprecedented response to the Russian invasion of Ukraine over the last year.
Biden, hosting von der Leyen in the Oval Office, said the alliance to support Ukraine marked "a new era."
However, tensions are swirling in Europe over the Biden administration's landmark Inflation Reduction Act (IRA), a government spending spree championing US manufacturing in climate-friendly technologies.
Amid EU alarm that the subsidies' "made in America" requirement will hurt European-based energy and auto sectors, the EU is working on its own sets of incentives, such as the Green Deal Industrial Plan, to promote the emerging sector.
"It's great that there is such massive investment in green technologies now," von der Leyen told Biden in the Oval Office. "We want to match it."
A senior US official told reporters that Biden and von der Leyen were discussing how to ensure the two programs complement each other.
The leaders will express "an articulation of a shared approach and a shared set of goals," the official said, speaking on condition of anonymity.
"That isn't going to happen if our incentives and their incentives are misaligned and compete with one another in a zero sum way."
Proof that Brussels and Washington can work together should come in the form of an announcement at the talks Friday of negotiations on the specific area of critical minerals used in electric vehicle batteries.
"Coming out of the meeting, we hope to be able to launch negotiations on a trade agreement on critical minerals and a dialogue on subsequent transparency," White House National Security Council spokesman John Kirby told reporters.
- China differences -
Another difficult area is how to respond to China's increasingly muscular foreign and trade policies.
The White House said that "challenges posed by the People's Republic of China" were to feature prominently in the talks.
Washington has been urging European capitals to take a firmer stand against Beijing -- not just diplomatically, but also economically. However, the EU is keen to avoid rupture with China, leaving the transatlantic allies somewhat divided on how to move forward.
Elvire Fabry, an analyst at the Institut Jacques Delors, a Paris-based think tank, told AFP that the White House session was a chance for von der Leyen to show EU desire to work with Washington, "but not in the position of follower, especially when it comes to China."
"The European position is based on wanting to maintain its own line concerning Beijing."
However, the US official stressed the cohesion between Brussels and Washington on the overall view of the China challenge.
"There is unprecedented alignment between the US and Europe," he said, predicting the two leaders will express "a focus on the need to strengthen our economic security, to respond to concrete threats to economic security" from China.
T.Samara--SF-PST