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we start in the us, where the white house has denied starting a subsidy war following criticism of its massive support for green investments. president biden s administration is spending billions to help electric carfirms, chip makers and the green energy industry with loans and tax breaks. one uk manufacturer has told the bbc it s worried britain can t compete on a level playing field and warns that companies are considering moving their investment to the united states. our economics editor faisal islam reports. british industry is facing a new dilemma and deciding where to invest to build key components for future green technology. massive handouts from the us government had changed the game. this isjohn neill he runs unique part which makes parts for every major uk calm and extra is worried. the americans calm and extra is worried. the americans are calm and extra is worried. tue: americans are redefining calm and extra is worried. tte: americans are redefining the ....
Americans calm and extra is worried. the americans are calm and extra is worried. tue: americans are redefining calm and extra is worried. tte: americans are redefining the pre enterprise system and i am very worried about us being able to invest and compete. it s a fairly chilling situation. i have asked our team to think very carefully about our investment strategy in the us and our us operations and whether we should be pivoting more to those markets. this is why, hundreds of projects like this battery recycling plant in kent are being built at speed after massive government money. the us president is basing his whole election plan on it and says it didn t matter if it was going to effect the rest of the world. as deputy treasury secretary told the bbc the rest of the world should back their own industries and the same way. to accept the criticism that you may have been inadvertently starting a subsidy will? t inadvertently starting a subsidy will? inadvertently starting a sub ....
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