How global trade could fragment after the EU’s tax on ‘dirty’ imports

A levy on imports of carbon-intensive materials such as steel may help limit emissions, but producers warn it could radically alter trade flows.

9 January, 2024 by Alice Hancock in Brussels and Sylvia Pfeifer in London

In Jiaxing, a manufacturing town on the outskirts of Shanghai, 400 steel industry executives and engineers gathered last November to tackle an enormous task: weaning the world’s biggest steel producer off coal-fired blast furnaces.

The subject is of burning

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