How India is planning to challenge European Union's new carbon tax I Details

From 1st January 2026, EU will start charging coun... moreFrom 1st January 2026, EU will start charging countries from rest of the world a carbon tax under Carbon Border Adjustment Mechanism or CBAM. This will adversely impact India’s $8 billion worth of metal exports to the European Union. According to to officials aware of the development, India is considering imposing a retaliatory tariff in response to EU’s carbon tariff.