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Potential carbon tariffs have been an active topic at the United Nations climate conference that wraps up this weekend in Madrid, where nearly 200 nations have been at odds over how to counter the continued global rise of greenhouse gas emissions. And some diplomats say it’s inevitable that governments will turn to trade barriers in the effort to fight climate change. — Politico
Politico reports that as international cooperation toward achieving global carbon reduction goals falters in the face of a climate change-denying American presidential administration, European countries are considering implementing carbon tariffs on imported goods to force a change. The... View full entry
According to The Wall Street Journal, President Donald Trump is moving to escalate America's trade war with China by imposing new tariffs on all Chinese-made products imported into the country. Currently, the administration's tariff-loving trade policy has been limited mostly to... View full entry