EU's new carbon border tax goes into force
Business
One of your browser extensions seems to be blocking the video player from loading. To watch this content, you may need to disable it on this site.
From the show
Reading time
1 min
The European Union's controversial new rules on polluting industrial imports have gone into effect on January 1, following a two-year transition period. Heavy goods such as steel, aluminium and cement are now subject to a new fee levied according to the amount of CO2 emitted during their production. Beijing has issued a statement slamming the measure as unfairly targeting Chinese goods.
