The EU is battling to hold the line on its carbon border tax under pressure from China and other large trading partners at the UN COP30, as the issue threatens to take hostage the global climate negotiations in Brazil.
Almost 200 governments gathered in Belém, a gateway to the Amazon, are bruised from a year in which US President Donald Trump’s tariff wars have strained international trade relations.
Country groups led by China, India and Saudi Arabia have pushed both in public statements and closed-door consultations, according to people present, for a negotiated outcome at COP30 that singles out “unilateral trade measures”.
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