China Slams EU Carbon Tax as Unfair, Threatens Countermeasures
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Moneycontrol01-01-2026, 18:11

China Slams EU Carbon Tax as Unfair, Threatens Countermeasures

  • China's Ministry of Commerce labels the EU's Carbon Border Adjustment Mechanism (CBAM) "unfair" and "discriminatory," vowing countermeasures.
  • Beijing criticizes the EU for assigning "excessively high" carbon-intensity values to Chinese products, inconsistent with its development.
  • China opposes CBAM's proposed expansion to 180 steel- and aluminum-intensive products, calling it "beyond legitimate scope."
  • The ministry accuses the EU of "double standards," easing internal green rules while imposing external trade barriers.
  • China views CBAM as a "new form of trade protectionism" that will raise costs for developing nations and undermine international trust.

Why It Matters: China condemns EU's CBAM as discriminatory trade protectionism, warning of retaliatory actions.

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