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EU carbon tax will impact only 1.8% of Indian exports

After being passed by lawmakers of the 27-nation bloc, the Carbon Border Adjustment Mechanism (CBAM) Bill is expected to come into force this month, empowering the bloc to charge a Carbon Border Tax (CBT) on imports of steel, aluminium, fertilizer, electricity, cement and hydrogen from January 2026.
France General Sangeeta Godbole Carbon Border Adjustment Mechanism Carbon Border Tax View Full Reserve Bank

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