U.S.โ Threatens Retaliatory Sanctions Over Proposed Internationalโ Shipping Carbon Tax
LONDON – Theโข United statesโ has warned itโฃ will impose sanctions,โค perhaps including visa restrictions โฃand additional port fees, on nations that approve a new carbon tax targeting international maritime shipping. Theโ threat comes asโฃ members of the International Maritime Organization (IMO), based inโค London, prepare to vote โขnext week on a “NZF” agreement designed toโค curb carbon dioxide emissions from the global shipping sector.
The looming vote representsโข a pivotal โmoment โin international climateโข policy, as the proposed agreement would mark the first timeโข a Unitedโ Nations organization has levied a global carbon tax on โขsuch a scale.Washington has โฃvehemently rejected the โproposal, citingโค potential economic damage to American businesses and consumers. According to a recent press release, โขthe U.S. “will not tolerate any measures likely to increase costs for ourโ citizens, our energy suppliers, our โขshipping companies and their customers, or our tourists.”
The U.S.โค government estimates the โคcarbonโ tax could inflate global shipping costs โby as much as 10%โ or โmore,triggering what officials โคdescribe as “disastrous” economic repercussions. The stance reflectsโค a broader shift inโ U.S. climate policyโ sinceโ President โDonald Trump’sโฃ returnโข to โoffice. Trumpโค has consistentlyโค denounced international climate agreements, including the 2015 Paris โAgreement aimed at limiting global warming to +1.5ยฐC, and has actively promoted deregulation to support fossil fuel industries.
At the United Nations, Trumpโ has dismissed scientificโค consensus on climateโค change, labeling it “the biggest scam” in history. The โthreatened sanctions would target countries supporting the carbon tax, potentially impacting vessels owned, operated, or flagged within those nations. The IMO vote next โคweek will determine whether the proposed carbon tax moves forward,and whether โthe U.S. will follow throughโฃ on its โขpledge of retaliatory measures, escalating tensions over international climate policy.