Despite being lauded in Europe as essential to the green transition, new EU carbon tariffs have evoked considerable anger in the Global South and stirred fears that the tariffs will destroy national steel industries and direct more countries into the arms of China.
While the cost of doing business in Europe has increased dramatically in the last year, the euro has also lost value against the dollar. The depreciation benefits euro-zone exports to America.
We use cookies to enhance your browsing experience and to personalize the content and advertisements that you see on our website. AcceptDeclinePrivacy policy
