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EU 'Inviting Disaster' By Imposing Carbon Tax On Steel, Says Piyush Goyal

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Under the EU's Carbon Border Adjustment Mechanism, Indian exports of steel, aluminium, and cement to the EU could face tariffs of 20-35%.

Summary from NDTV Profit

How 4 outlets are covering it

  1. NDTV Profit
    Watch: Piyush Goyal Calls Out Europe Over Carbon Emissions, 'Who's Responsible For This Mess?'

    Goyal also attacked the EU's Carbon Border Adjustment Mechanism (CBAM), which puts a carbon levy on imports.

    Read on NDTV Profit
  2. The Hindu
    EU ‘inviting disaster’ by imposing carbon tax on steel, says Piyush Goyal in Berlin

    The Union Minister said the EU is “shooting” itself in the foot by bringing in more regulations, restrictions on itself, and closing its borders, something that actually helped them become a…

    Read on The Hindu
  3. NDTV Profit
    EU 'Inviting Disaster' By Imposing Carbon Tax On Steel, Says Piyush Goyal

    Under the EU's Carbon Border Adjustment Mechanism, Indian exports of steel, aluminium, and cement to the EU could face tariffs of 20-35%.

    Read on NDTV Profit
  4. Economic Times
    Goyal asks Europe not to 'invite disaster'

    Commerce and Industry Minister Piyush Goyal has cautioned the European Union that its carbon tax on steel imports and a growing list of regulations could raise costs for businesses and consumers,…

    Read on Economic Times
  5. Mint
    EU carbon tax is ‘inviting disaster’, says Piyush Goyal

    The commerce minister warned that the European Union’s carbon border adjustment mechanism (CBAM) will inflate EU living costs and hurt industry.

    Read on Mint

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