The Hill: “The EU’s New Climate and Trade Policy Will Be a Good Deal for US Steel and Aluminum”
RFF Board Member Catherine Wolfram and Fellow Milan Elkerbout coauthored this op-ed about carbon border adjustment mechanisms.
The European Union’s pending implementation of the world’s first large-scale climate and trade policy will benefit the US and expand production in important American industries while potentially boosting US exports to the European Union. Our analysis shows why this policy would actually be a boon for American manufacturers as opposed to a trade barrier, even though the Trump administration’s trade representative has already included the new policy on its list of “Foreign trade barriers.”
