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Trump administration rejects IMO's Net-Zero Framework

( August 12, 2025, 15:33 GMT | Official Statement) -- MLex Summary: The Trump administration has rejected the International Maritime Organization's Net-Zero Framework proposal, a statement released by Secretary of State Marco Rubio, Secretary of Commerce Howard Lutnick, Secretary of Energy Chris Wright, and Secretary of Transportation Sean Duffy said, citing concerns of increased costs for American consumers due to added fees.Statement follows below:...

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