Business

EU's new carbon border tax goes into force


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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.   

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BusinessBy FRANCE 24 English