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Brussels confirms Christmas carve-out from green levies will not happen, leading to Brexit-style requirements
UK manufacturers are to be hit with mountains of Brexit-style paperwork in January on £7bn worth of exports to the EU after the government failed to secure an expected exemption from new green taxes.
The UK had hoped to secure a carve-out by Christmas on the carbon border adjustment mechanism (CBAM), but EU commissioners have confirmed this is not going to happen.
Source: www.theguardian.com
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