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Rescinding US EV tax credit would cede ground to China, Granholm says

President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit as part of broader tax-reform legislation, Reuters reported Thursday.

“It would be so counterproductive,” she said when asked about the report. “You eliminate these credits, and what do you do? You end up ceding the territory to other countries, particularly China.”


Source: Economy - investing.com

Nigeria inflation rises for second month, spurred by food

U.S. equity funds see robust inflows on corporate earnings optimism