Europe Threatens Border Adjustment Tariff for Climate Laggards Like U.S. – The Energy Mix
“By imposing tariffs on goods from the U.S. and other countries that lack tough climate policies, the Europeans would help their own industries avoid being handicapped by the EU’s greenhouse gas efforts,” Politico explains. “But if they hit the U.S., they would risk a worsening trade war with the Trump administration, which has already threatened hefty tariffs on goods such as French champagne and German autos over a range of competition disputes.”