U.S. Carbon Tariff Plan For Metals Sparks Questions About EU Support

December 13, 2022
A preliminary U.S. proposal floated to the European Union would eliminate or curb tariffs on imported steel and aluminum made with lower carbon emissions, though observers say there are outstanding questions such as the precise definition of low-carbon goods and how the plan would mesh with Europe’s climate-focused trade policies. The proposal comes halfway through a two-year timeframe for reaching a U.S.-EU deal for how to assess carbon tariffs on those metals, though it is highlighting questions including whether to...

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