France, Netherlands agree on ways EU could deal with U.S. state aid, Dutch PM says

French President Emmanuel Macron and Dutch Prime Minister Mark Rutte hold a joint news conference after a meeting, in The Hague, Netherlands January 30, 2023. REUTERS/Yves Herman

AMSTERDAM (Reuters) - France and the Netherlands are aligned when it comes to the ways the European Union could deal with the "unintended consequences" of the U.S. Inflation Reduction Act, Dutch Prime Minister Mark Rutte said on Monday after a meeting with French President Emmanuel Macron.

"We have agreed to first look closely at the funds already available in the EU," Rutte said, referring to the discussion whether the EU needs fresh funds to support industries that could be hit by protectionist U.S. policies.