EU ‘inviting disaster’ by imposing carbon tax on steel, says Piyush Goyal in Berlin
Indian Union Minister Piyush Goyal, speaking in Berlin, criticized the European Union's plan to impose a carbon border adjustment mechanism on steel, calling it self‑defeating and likely to cause economic harm. He argued the EU is tightening regulations and limiting trade, which he said previously contributed to its development. He warned the measure could backfire.