Germany and the European Commission have rejected a call for Europe to impose taxes on imports from the United States if President-elect Donald Trump quits a global agreement for fighting climate change. <br/><br/>Trump, who has called man-made global warming a hoax, has pledged to pull of the 2015 Paris Agreement for cutting greenhouse gas emissions, mainly from fossil fuels. Instead, he says he will push ahead and develop cheap coal, shale and oil.<br/><br/>Yesterday, former French President Nicolas Sarkozy in a television interview, who is seeking to regain power in a 2017 election, urged a tax of between one and three percent on imports from the United States if Trump pulls out. But Germany and the European Commission, at an meeting of almost 200 nations in Marrakesh, Morocco, on ways to implement the Paris Agreement, rejected his call.<br/><br/> German Environment Minister Barbara Hendricks told at a news conference that Germany has decided not to go down this path but opt for emissions trading. US Climate Envoy Jonathan Pershing said it was too early to speculate about European border taxes. <br/><br/>A source on Trump's transition team told that the president-elect was looking at options that could allow the United States to pull out within a year, short-circuiting a theoretical four year wait laid down in the Paris Agreement. The Paris Agreement on climate change legally took effect on November 4th.
News On AIR | November 15, 2016 4:45 PM
Germany, EU reject call for import tax on US under Trump