Von der Leyen yields to US protectionism as she heads to Washington
EU and US are thrashing out a deal to create a green steel and aluminum club to keep out metals from countries like China โ but are still closing gaps on exactly how to do so.
EU and US are thrashing out a deal to create a green steel and aluminum club to keep out metals from countries like China โ but are still closing gaps on exactly how to do so.
The Carbon Border Adjustment Mechanism enters a trial phase on Sunday.
Germanyโs chemical and car industries are protesting the anticipated bureaucratic strain expected from the phase-in of the EUโs novel carbon border tariff (CBAM), while consultancy Deloitte finds that companies have failed to sufficiently prepare.