How the EU’s carbon border tax risks a trade war with China and India
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How the EU’s carbon border tax risks a trade war with China and India
The EU is introducing a carbon border adjustment mechanism, a new tax targeting high-emission imports. It mainly affects Chinese and Indian exports such as aluminium, cement, fertilisers and steel. European leaders say the measure will cut pollution and push exporters to invest in cleaner technology. It also aims to stop EU companies relocating ...
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