India minister slams EU carbon tax on steel as 'inviting disaster' in Berlin

Indian Commerce Minister Piyush Goyal, during a Berlin visit, criticized the EU's Carbon Border Adjustment Mechanism (CBAM) on steel, calling it self-defeating and protectionist. The remarks signal escalating trade friction between India and the EU over carbon tariffs, with India likely to seek exemptions or retaliatory measures. The outcome affects global steel trade flows and carbon policy alignment.

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