Speaking at her year-end press briefing in Rome, Meloni urged the EU to build its own supply chains for key industries in response to the US Inflation Reduction Act (IRA), a $360 billion spending bill that President Joe Biden signed into law in August, according to the media outlet. The bloc also must revise its rules on state aid to manufacturers and strengthen oversight of supply chains for such industries as computer chips, carmakers and alternative energy, Meloni reportedly said.
The US legislation provided for a spending binge on alternative energy infrastructure, including tax breaks for manufacturers in the sector. It weighted subsidies for electric vehicles to domestically produced models and batteries. EU leaders, including French President Emmanuel Macron, have criticized the law, warning that it may "fragment the West."
Meloni has argued that the IRA discriminates against European companies. Italian Economy Minister Giancarlo Giorgetti warned earlier this month that some companies are already considering moving factories to the US, which would be "a disaster."
European Commission President Ursula von der Leyen suggested this month that the EU should respond to the IRA by providing funding to companies in need and giving member states more latitude to invest in their own manufacturers. The controversy comes at a time when European economies are already being undermined by energy shortages and other effects of US-led sanctions against Russia over the Ukraine crisis.
Commenting on the matter earlier in December, Russian President Vladimir Putin said that
"Today, the EU's main partner, the US, is pursuing policies leading directly to the de-industrialization of Europe."Meloni told reporters that she will seek a meeting with representatives of California-based chipmaker Intel to discuss possible incentives for a new plant in Italy, a development that she considers "highly strategic."
Like the EU, the Biden administration is infiltrated and subverted by WEF/Davos lackeys. And the Davos crowd, mainly controlled by old European money and "aristocracy", is dead set on destroying the Western economy to bring upon us their "Great Reset".
But it is becoming obvious that there is a strong faction of the US "elites" that fight the Davos crowd, and who are unwilling to cede their lucrative businesses to the city of London and the other degenerated creeps. This anti-Davos faction supported the Trump presidency, and is pulling the string e.g. behind Musk. Which explain him buying the overpriced twatter sh*thole right before the midterms, and his ongoing "twitter file releases" to bring down Biden and his neocon crew.
But to come back to my point about Italy & Meloni - I think with pleading to the EU, she is asking Satan to protect her from the devil.