EU Rejects India’s Bid for Carbon Border Tax Exemption: What the Decision Really Means
The European Union has just ruled out an exemption for India from its Carbon Border Adjustment Mechanism-the new climate-linked tariff that will tax carbon-intensive imports coming into the bloc. The news, reported in the Financial Times on 16 November 2025, affects some of the most trade-dependent industries in India, like steel, aluminium, cement and fertilizers….