The US, as the world’s largest importer, would bear the heaviest burden, raising prices on food, fuel and clothing – while China, the top shipbuilder, stands to benefit.
Critics argue the tax is not about climate but globalist control, designed to weaken US economic sovereignty while enriching UN bureaucracies.
The proposed carbon levy, set at 19 to 150 per tonne of CO2 emissions, would force shipping companies to pass costs onto consumers, driving up prices for essential goods. Analysts predict fuel costs could double, adding hundreds of billions in expenses to global trade. Since the US imports more goods than any other nation, the economic fallout would be disproportionately severe, hitting working-class families hardest.
Meanwhile, China – the world’s largest shipbuilder – stands to profit from the new regulations, as demand for “green-compliant” vessels surges. Critics argue the tax is another example of global elites leveraging climate policy to redistribute wealth and weaken US sovereignty....<<<Read More>>>...
