Global Trade Alert
Global Trade Alert

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United States of America: Inflation Reduction Act

Description

On 16 August 2022, the President Biden signed the Inflation Reduction Act (IRA) of 2022 which contains amongst other provisions certain fiscal incentives related to climate change and energy security....

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Aug 2022

Revocation date

30 Sep 2026

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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