#Latest news with #executiveArmBloomberg3 days agoBusinessBloombergEU Launches Tool to Monitor Trade Diversion From Trump TariffsThe European Commission has formally launched a surveillance tool to monitor any trade diversion resulting from US President Donald Trump's tariffs, as initial results revealed a surge of imports in many goods. A first set of analysis published by the bloc's executive arm on Thursday shows imports of some appliances and switches increased by more than 60% compared with last year, while prices dropped.
Bloomberg3 days agoBusinessBloombergEU Launches Tool to Monitor Trade Diversion From Trump TariffsThe European Commission has formally launched a surveillance tool to monitor any trade diversion resulting from US President Donald Trump's tariffs, as initial results revealed a surge of imports in many goods. A first set of analysis published by the bloc's executive arm on Thursday shows imports of some appliances and switches increased by more than 60% compared with last year, while prices dropped.