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10 months ago

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India expects EU carbon tax to hit exports of steel, iron ore and cement

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India expects EU carbon tax to hit exports of steel, iron ore and cement

Already facing subdued demand from developed nations, India's exports are likely to be hit by the European Union's 20% to 35% tariffs on high-carbon goods like steel, iron ore and cement, the finance ministry said in a report released on Thursday.

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India expects EU carbon tax to hit exports of steel, iron ore and cement

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India expects EU carbon tax to hit exports of steel, iron ore and cement

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