Kennedy Center Reportedly Renamed Trump-Kennedy Center After Board Vote 
U.S. Initiates $11.1 Billion Arms Sale to Taiwan Amid Rising China Tensions 
Trump Attends Dover Ceremony Honoring U.S. Personnel Killed in Syria 
Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies 
Trump Administration Plans Major Increase in Denaturalization Cases for Naturalized U.S. Citizens 
Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal 
Fernando Haddad Confirms He Will Not Run for Office in 2025, Signals Possible Exit as Brazil’s Finance Minister 
Argentina Unions Rally Against Milei’s Labor Reform as Congress Debates Key Bill 
Trump Announces $1,776 Cash Bonus for U.S. Military Personnel Ahead of Christmas 
U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate 
U.S. House Advances GOP Healthcare Bill as ACA Subsidies Near Expiration 
Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency 
Dan Bongino to Step Down as FBI Deputy Director After Brief, Controversial Tenure 
Federal Appeals Court Allows Trump’s National Guard Deployment in Washington, D.C. to Continue 
U.S.-Russia Talks in Miami Raise Hopes for Potential Ukraine War Deal 
In an effort to actively combat climate change, the countries in the European Union have all agreed to adopt a mechanism that would impose carbon dioxide emissions tariffs. The tariffs would target imports of polluting goods.
The EU countries have agreed to adopt a mechanism that would impose tariffs on imported polluting goods such as iron, steel, cement, fertilizers, aluminum, and electricity. The mechanism, also known as the Carbon Border Adjustment Mechanism, will target the industrial imports of the 27 member countries of the EU, with the highest polluting products first.
The deal to adopt the mechanism was reached Tuesday in Brussels and would require companies, both domestic EU and overseas firms, to buy certificates to cover the embedded carbon dioxide emissions. Companies outside the EU are already required to obtain permits from the EU carbon market before they pollute.
“CBAM will be a crucial pillar of European climate policies,” said European Parliament member Mohammed Chahim from the Netherlands, in a statement issued by the parliament. “It is one of the only mechanisms we have to incentivize our trading partners to decarbonize their manufacturing industry.”
Chahim said that it would allow the bloc to “apply the ‘polluter pays’ principle to our industry.”
The goal of the mechanism is that European companies would not be undercut by cheaper goods that are produced in countries with weaker environmental rules. The deal also includes imported hydrogen that was initially not proposed by the bloc but lawmakers have pushed for during negotiations. Some details on the mechanism have yet to be determined this week in related negotiations related to the reform of an EU carbon market.
On the same day, the bloc’s foreign ministers have agreed to grant Bosnia candidate status to join the EU. This would put the Balkan nation on the road to membership.
Russia’s invasion of Ukraine has prompted the EU to consider expansion toward the eastern European countries. The willingness comes as the bloc is concerned that Russia and China may attempt to spread their influence into the Balkan regions should the countries hoping to join the bloc are thwarted.
