EU Carbon Tax on Steel Criticized by Piyush Goyal in Berlin

• Piyush Goyal criticized the EU's carbon tax on steel during a speech in Berlin.
• Goyal warned that the tax could increase costs for businesses and consumers.
• He cautioned that the tax and additional regulations could stoke inflation.
• Goyal argued that the EU's self-imposed restrictions could hurt its global competitiveness.
• The speech was delivered at the Berlin Global Dialogue on October 22.