USTR, in trade agenda to Congress, says it will consider carbon border tax

The Biden administration will consider imposing a carbon border tax as part of its efforts to combat climate change, the Office of the U.S. Trade Representative said in a new trade agenda delivered to Congress on Monday. In the annual report mandated by Congress, USTR gave a broad overview of its trade goals for 2021 and provided a review of trade agreements and policies as of 2020, the last full year of the Trump administration. Biden’s trade agenda will focus...