Jeremy Hunt to hit imports of iron, steel and cement with new green border tax to stop UK firms being undercut
by Nicholas Cecil
Dec 18, 2023
2 minutes
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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.
Imports of iron,
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