Sen. Kevin Cramer (R-N.D.) said the border fee on carbon-heavy imports could lead to “bigger things.” Republican officials made the case yesterday for a climate-focused trade policy centered ...

It’s called a carbon border adjustment mechanism, and it would be the world’s first tax on the carbon content of imported goods. It’s sure to have implications for international trade ...

BEIJING, Nov 3 (Reuters) - The Carbon Border Adjustment Mechanism (CBAM) proposed by the European Union creates a new trade barrier for Chinese exports, China's state-backed steel association said ...