Post-Brexit, the ever-changing customs and trade landscape continues to evolve. The last few months have seen significant statements of intent from the EU, with the publication of a proposed recast of its main customs legislation (the Union Customs Code, or UCC) and the introduction of a radical new environmental levy to equalise carbon emissions costs for imported goods via its Carbon Border Adjustment Mechanism (CBAM). This article explores the broader context behind the proposed customs reform and the increasing focus on using tax measures to address environmental concerns.
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