Shipping Braces for Carbon Tax That Fueled US Tariffs Threat (1)

The world’s shipping regulator is on the verge of green-lighting a global charge on the industry’s emissions, something that has prompted the Trump administration to threaten tariffs in response.

The International Maritime Organization will this week decide on sweeping new rules to make the sector start paying for the more than 1 billion tons of greenhouse gases it emits each year. While a draft plan had wide support in April, the US has called it a “global carbon tax” on Americans, and has said it would consider measures such as tariffs and port levies.

The IMO plan has been years ...