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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", sykesix asked the members: "What do you do if you arrive early at movie besides go to the snack bar?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: Dope1 ⎊  😊 😞
Number: of 88907 
Subject: EU to impose Carbon tariffs on Canadian steel
Date: 10/28/26 4:25 PM
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Wow, the EU has the steel boots on today and they're gunning to kick Canada in the Jimmy with boot feet:

msn.com - Canada facing carbon tariff threat from european union internal documents

Canada facing carbon tariff threat from European Union: internal documents

Canada is facing a carbon tariff threat from the European Union within months as the economic bloc fully implements its Carbon Border Adjustment Mechanism (CBAM).

According to internal documents CBC News obtained through an access to information request, Canadian iron, steel and aluminum are not exempt from the carbon tariff even with Canada's national price on carbon and its decade-old trade deal with the European Union.

The memo from Global Affairs Canada signed on Dec. 10, 2025, describes the CBAM as a "border charge" or "effectively a 'carbon tariff.'"

With the Canada-EU Summit this week in Montreal, Ottawa's diplomats continue to seek an agreement with Brussels before Canadian exporters face additional compliance costs and a carbon charge that European importers will have to pay at the border in 2027.

Prime Minister Mark Carney said on Tuesday that the summit marks the start of negotiations for Canada to become a closer strategic partner to the 27-member bloc.

Global Affairs estimates $2.8 billion worth of goods annually are exposed to the carbon import levy — primarily on metals that are already impacted by U.S tariffs.
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This community has written 88,852 posts about US Policy. The article-length ones it recommended most:
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