Europe's new carbon tax on imported goods will change global trade
14 points by ksec
by ivell
0 subcomment
> As Moroccan firms will already pay a carbon price domestically, their exports are likely to avoid additional CBAM charges at the EU border, helping them remain competitive
As per some reports, EU was not agreeing to a similar proposal from India.
by zrn900
0 subcomment
This became just more regulatory moat-building to protect the lagging domestic European auto industry. And by 'auto industry' it means the industry of 2-3 countries. And that means basically 2-3 brands and no more. Other economic regions will retaliate in kind.
by billy99k
1 subcomments
Hopefully, there will be as many complaints about this (which will increase the cost of everything) as the Tariffs Trump imposed.
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