Economic TimesLean R·
Goyal asks Europe not to 'invite disaster'
Commerce and Industry Minister Piyush Goyal has cautioned the European Union that its carbon tax on steel imports and a growing list of regulations could raise costs for businesses and consumers, stoke inflation and erode the bloc's global competitiveness.Speaking at the Berlin Global Dialogue on October 22, Goyal said the EU risked hurting its own industries by imposing additional trade restrictions and compliance requirements, including the Carbon Border Adjustment Mechanism (CBAM). He pointe…
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