Later this week, the United Nations will hold a vote on a climate-change tax imposed on America’s maritime industry – including cargo and cruise ships. Without quick and decisive action by the White House, this UN tax on fossil fuels will become international law.

This International Maritime Organization resolution is intended to advance the very “net zero” carbon emissions standard that has knee-capped the European economies for years and that American voters have soundly rejected.

We have here a dangerous precedent-setting assault on U.S. sovereignty. Since when are American businesses subject to international taxes imposed by the United Nations?

The U.S maritime industry believes the global tax would cost American shippers more than $100 billion over the next seven years, if enacted.

Secretary of State Marco Rubio, Secretary of Energy Chris Wright, and Secretary of Transportation Sean Duffy have jointly warned that America “will not accept any international environmental agreement that unduly or unfairly burdens the United States or our businesses.”

President Trump should immediately announce that there will be severe repercussions for nations that vote for it. Every dollar confiscated from this tax should be offset by an equal $1 reduction in U.S. contributions to the UN, the IMF, World Bank, NATO, and foreign aid programs.