Archive · 22 Sep 2025

India, EU Negotiate Carbon Tax in Trade Agreement

India, EU Negotiate Carbon Tax in Trade Agreement

India and the EU are discussing a trade deal and how it will affect their businesses.

A big issue is the EU's new carbon tax, which taxes some goods based on their carbon emissions.

India is worried this tax could hurt its companies that sell goods like steel and cement.

They're working to figure out the details of the tax and make sure it doesn't unfairly affect Indian companies, especially smaller ones.

The EU is trying to make it easier for small businesses too.

Sources