Business leaders tell Trump carbon tariffs could result from Paris deal withdrawal

The United States could face carbon tariffs in retaliation for a withdrawal from the Paris climate change agreement, business leaders warned President Trump this week. “Pulling out of the Paris Agreement could also prompt Europe and other international competitors to slap retaliatory carbon tariffs on U.S. goods,” more than 300 business leaders, investors and others wrote to Trump on May 30 . “This would be a major blow to American companies that do business overseas. It would exacerbate trade imbalances...