ReferIndia News India-EU deal: Why Trump may hold the answer to India’s carbon tax conundrum

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India-EU deal: Why Trump may hold the answer to India’s carbon tax conundrum

Published on: Jan. 27, 2026, 7:40 p.m. | Source: The Indian Express

Indian trade negotiators have successfully secured a ‘forward-Most Favoured Nation’ Clause in the India-EU trade deal, granting Indian industries the same concessions as the US. The EU has agreed to provide additional flexibilities for the carbon border adjustment mechanism, and India has also requested easier access to steel scrap.

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