By Joe Cash BEIJING (Reuters) - The European Union should ensure its plans to impose 20% to 35% tariffs on imports of high-carbon goods like steel, ...
Hurricane Lee to impact Atlantic Canada this weekend | SaltWireBEIJING - The European Union should ensure its plans to impose 20% to 35% tariffs on imports of high-carbon goods like steel, iron ore and cement comply with World Trade Organization rules, China said on Thursday, and not overstep agreed global green trade policies.
"The EU-proposed carbon border adjustment mechanism has raised doubts among many WTO members," said He Yadong, a commerce ministry spokesperson, while urging the EU to"avoid creating protectionist measures and green trade barriers." "Countries should adhere to multilateralism and the principle of common but differentiated responsibilities," He said,"and work together to address climate change through broad cooperation."
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