UK-India Trade Deal: CBAM Excluded, Future Impact Concerns

The UK and India have a trade agreement, but the UK's planned carbon tax (CBAM) isn't included yet.

If the UK does put the tax on Indian goods in the future, India can take steps to protect its exports, like adding its own taxes to UK goods.

This carbon tax is to make companies pay for their carbon emissions.

India is also talking to the EU about their own version of this tax, which India sees as a potential trade problem.