Global Commodities_ CBAM risks further straining the US-EU relationship as it targets €4 billion worth of US imports with an implied 10% tariff
-·2024-11-18 03:33
15 Nov 2024 14:36:08 ET │ 10 pages Global Commodities CBAM risks further straining the US-EU relationship as it targets €4 billion worth of US imports with an implied 10% tariff The first attempt to accurately compile the CBAM registry failed, underscoring the mechanism's limitations we previously detailed in Global Commodities - CBAM primer and how EU producers and importers could save up to €600 million on higher CBAM related costs from 2026. Moreover, during the second Trump presidency, CBAM risks furthe ...