WASHINGTON -- U.S. lawmakers have expressed concern about signing a limited free trade agreement with Indonesia, seeking to block the Southeast Asian nation's critical minerals from benefitting indirectly from subsidies created under the Inflation Reduction Act (IRA).
Supply Chain
U.S. senators oppose Indonesia FTA that paves way for nickel subsidies
Southeast Asian country's mining industry is dominated by China, lawmakers say
A dump truck loads raw nickel ore at a nickel mining site of Vale in Sorowako, South Sulawesi province. Indonesia is the world's largest producer of nickel. © Reuters
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