Commerce Minister Piyush Goyal Warns EU Carbon Tax Could Raise Costs

Berlin: Union Commerce and Industry Minister Piyush Goyal has warned that the European Union’s carbon tax on steel and other industrial products could raise infrastructure costs, fuel inflation and weaken the bloc’s global competitiveness. Addressing the Berlin Global Dialogue yesterday, Mr Goyal criticised the EU’s Carbon Border Adjustment Mechanism (CBAM), warning that higher costs of […]
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- Economy & RBI, Defence & security
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- Friday, 23 October 2026, 11:29 am IST
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