Trump Opposes IMO’s Global Shipping Carbon Tax

The United States has voiced strong opposition to the International Maritime Organization’s (IMO) proposal to impose a global carbon emissions tax on shipping. President Donald Trump criticised the measure, labelling it a “Global Green New Scam Tax” and pledged that the US would not comply. The US administration has threatened retaliatory actions against nations supporting the tax.

US Opposition to Global Carbon Tax

President Donald Trump declared that the US will not adhere to the IMO’s proposed carbon emissions tax, calling it a financial burden on American consumers. He urged international support against the measure, emphasising that the US will resist any form of compliance.

Potential Retaliatory Measures

The US administration has outlined potential retaliatory measures against countries supporting the carbon tax. These include visa restrictions, increased port fees on foreign ships, and possible sanctions on officials backing climate policies that affect American interests.

About the International Maritime Organization (IMO)

The International Maritime Organization (IMO) is a specialised agency of the United Nations responsible for regulating shipping. Established in 1948, its primary purpose is to create a regulatory framework for the shipping industry that is fair, effective, and universally adopted, ensuring safety, environmental protection, and security.

About Carbon Emissions Tax

A carbon emissions tax is a levy imposed on the carbon content of fuels, aimed at reducing carbon dioxide emissions. It is considered a market-based strategy for addressing climate change by incentivising cleaner energy sources and reducing reliance on fossil fuels. The tax is often debated for its economic impact and effectiveness in reducing emissions.