(Bloomberg) -- The European Union is working on a formal evaluation of what a Donald Trump presidency would look like and is planning how to respond to any punitive trade measures that would hit the bloc if he wins the US election.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaEpstein Contacted Staley for Years at Barclays Using Go-Between, Court Filings ClaimUkraine’s Army Chief Leaves After Rift With ZelenskiyCitadel Among Hedge Funds That Got Morgan Stanle