BREAKING NEWS

Top Democrats agreed to include a tax on imports from nations that lack aggressive climate change policies as part of their $3.5 trillion budget plan.

Wednesday, July 14, 2021 7:10 PM EST

The move to tax imports was made public Wednesday, the same day that the European Union outlined its own proposal for a similar carbon border tax, a novel tool that is designed to protect domestic manufacturing while simultaneously pressuring other countries to reduce the emissions that are warming the planet.

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