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 European Commission, the bloc’s executive branch, recently announced a €600 million temporary fund to help domestic businesses cope with a new carbon border tax that will take effect in January.

From The Wall Street Journal

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

Linkage has also been pitched as a means to avoid a new border tax the EU is planning to introduce on its imports of high-carbon products, such as steel and cement, from January 2026.

From BBC