Possible U.S. Carbon Tariffs & Subsidies for EV Production – Prospects for Bearing and Gear Companies

July 18, 2024

2024 Trade Webinar Series
July 18, 2024
1:00pm-2:00pm ET

This webinar is hosted by DLA Piper, a firm that specializes in legal and commercial insight.

Last year, the European Union implemented a program of new tariffs on imports designed to impose costs related to the carbon dioxide and other greenhouse gases that the EU determines are emitted during the production of those imports.  The United States is moving closer to a similar system, with increasingly detailed proposals being introduced in Congress with support from both sides of the aisle.  At the same time, Congress and the Biden Administration have rolled out a range of subsidies and other programs to promote the U.S. electric vehicle industry.   In this webinar we will examine those programs, their impact on bearing and gear companies, and what the future holds for further legislation and regulation in this area.