border tax

American  

noun

1. a tax system for imports and exports, especially one that compensates for internal taxes in Common Market countries by levying fees or paying rebates.

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Example Sentences

The answer is that the European Union is planning to introduce a border tax on certain high-carbon products like steel, fertiliser, cement, and aluminium and lots of its trading partners – notably China, India and Saudi Arabia aren't happy about it.

From BBC

They already charge their own producers of these products a fee for the emissions they create and say the border tax is a way to protect them from less environmentally friendly but cheaper imports from abroad.

From BBC

If you don't want to pay our border tax, they say, just charge emissions fees on your polluting industries - collect the money yourselves.

From BBC

Trade-restrictive measures loom large over this year's UN climate summit, with China pushing for wider market access for its green technologies and major developing economies challenging Europe over its new carbon border tax on carbon-intensive imports like steel and fertilizer.

From Barron's

So-called trade barriers, such as Europe's carbon border tax, have emerged as a key contention, as has the issue of whether to set timelines and targets for the transition away from fossils.

From Barron's