The impact of US tariffs (see EUROPE B13616A1) affects not only European exports, but also imports into the European Union. The European Commission therefore prefers prevention to cure: it will set up a taskforce on import surveillance to identify at an early stage any redirection of trade flows to the EU that could harm European industry.
“We are looking at historical imports and whether there is a sudden influx of certain products, or in certain sectors, which we should regulate”,...