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Evening Standard
Evening Standard
World
Nicholas Cecil

Jeremy Hunt to hit imports of iron, steel and cement with new green border tax to stop UK firms being undercut

Jeremy Hunt United Kingdom

Jeremy Hunt announced a new green tax to hit imports of iron, steel, aluminium, ceramics and cement to stop foreign firms undercutting UK companies meeting higher eco-standards.

The Chancellor said the UK would implement a new import carbon pricing mechanism by 2027 to support the decarbonisation drive.

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