WTO members voice concerns about proposed EU carbon tax

The European Union during a World Trade Organization committee meeting this week faced a chorus of complaints over its proposed carbon border adjustment mechanism, ranging from concerns about disruption of international trade flows to violations of WTO rules, according to a Geneva trade official. The United States has previously cited concerns that the carbon border adjustment mechanism could serve as a barrier to open trade and was among those to raise the issue in Geneva this week. U.S. climate envoy...