© Administração dos Portos de Sines e do Algarve, S.A.
The aim is to prevent commercial diversions resulting from the massive influx of products that, due to high tariffs and other restrictions, are unable to access other markets and eventually are redirected to the European space.
This primarily concerns Chinese products affected by the tariff increases imposed by the United States.
By analyzing customs data, the new system will enable the rapid detection of any abnormal import flows, adopting swift and effective measures to mitigate negative impacts on European industry.
In an effort to enhance the mechanism’s effectiveness, the European Commission has called for the collaboration of manufacturers, industry associations, and member states.
The Commission encourages these stakeholders to review import trends available on the tool’s portal and to share additional information regarding their sectors’ economic situations.
The goal is to more accurately identify products that may be at risk due to significant increases in imports.
