Biden says can 'tweak' Inflation Act to include European allies

STORY: U.S. President Joe Biden said that new laws that give incentives for domestic production of computer chips and renewable energy parts were never intended to exclude European allies and could be tweaked.

The United States and France announced on Thursday the formation of joint task force between the United States and the European Union to deal with trade disputes around clean energy issues emerging from the recently passed Inflation Reduction Act.

The move comes as France is pressing the White House to use executive powers to loosen some of the incentives in the climate bill that favor domestic production and potentially restrict trade.

Biden said he makes no apologies for promoting American manufacturing of essential goods, but said large legislation often requires tweaks to deal with unintended consequences.