Carbon Taxes/Tariffs
Total 4 Posts
China Raises U.S. EV/Semiconductor Subsidies at WTO Meeting
At the November 2022 meeting of the WTO's Council for Trade in Goods, for which the minutes were recently circulated, several issues related to trade with China were raised for the first time (including U.S. subsidies on clean energy and semiconductors), and various other previously raised issues were brought
China Proposes Multilateral Discussions on Trade Aspects/Implications of Environmental Measures
At the March 15 meeting of the WTO Committee on Trade and Environment (CTE), China presented its proposal for "dedicated multilateral discussions on the trade aspects and implications of certain environmental measures." According to a Geneva-based trade official, China said at the meeting that it would like to begin multilateral
Report Suggests U.S./EU Considering Steel/Aluminum Tariffs on China, Others
A report from yesterday indicates that the Biden administration is pressing the European Union to agree to a plan that would impose tariffs on imports of steel and aluminum, from China and elsewhere, if it has high carbon emissions and constitutes "non-market" production leading to overcapacity. Such a plan, which
China Calls EU’s Carbon Border Tax Proposal WTO-Inconsistent
The European Commission recently proposed a package of legislative measures to
reduce the EU's carbon emissions by at least 55% by 2030, including a Carbon
Border Adjustment Mechanism
[https://ec.europa.eu/info/sites/default/files/carbon_border_adjustment_mechanism_0.pdf]
(CBAM). This proposal has drawn criticism from Chinese