No TARIC update was published by the European Union today, and no previously scheduled measures came into force, marking a quiet start to the week after major trade actions targeting Chinese and Russian goods over the weekend.
What to watch
Following the imposition of significant new anti-dumping duties on Chinese industrial goods and a broad set of new controls on Russian raw materials over the weekend, the focus for importers this week will be on compliance with these two major, back-to-back regulatory packages. The immediate effect of both sets of measures requires urgent supply chain review.