Carbon Protectionism: US Accuses EU of Double Standards Regarding CBAM
🇺🇸 The US Ambassador to the EU called the CBAM carbon tax hidden protectionism. In an article for the Financial Times, the diplomat compared the European mechanism to US steel tariffs, noting Brussels' double standards. 🇺🇦 As of January 1, 2026, CBAM will be fully applied to Ukraine, which experts consider a blow to the country's industry, deprived of the ability to modernize due to the war. The European Commission refused exemptions despite force majeure. #CBAM #Ukraine #Trade #Economy
Read more →