Europe’s Green Deal in trouble as Biden administration warns EU against carbon border tax
The free trading system that has come together over the last couple of decades comes apart and that was quite predictable. In the end, self-interest pe-dominates and some counties politicians wake up to the fact that they are elected by their populations, not by their trade partners. It is THE ONE variable countries like China never take into account. Now, I am fundamentally opposed to any notion of the carbon tax but when the carbon craze abates, the border adjustment tax as a mechanism will remain.
Watts Up With That? 
