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The Independent UK
The Independent UK
National
Gavin Cordon

DARK SECRETS: Shapps issues warning on dangerous us multi billion dollar green subsidies | Rare Historical Photos

United States Joe Biden Grant Shapps Inflation Marty Walsh
PA Wire

Business Secretary Grant Shapps has renewed criticism of President Joe Biden’s multi-billion dollar package of green subsidies, warning it could mark a “dangerous” slide into protectionism.

Speaking at the World Economic Forum (WEF) in Davos, Switzerland,  Mr Shapps said he did not believe the 430 billion US dollar (£350 billion) Inflation Reduction Act (IRA) was intended to be protectionist but that could be the result if it was not amended.

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