Economy
Trade tensions
Trump threatens 100% tariffs on EU goods over digital taxes
Donald Trump has threatened to slap 100% tariffs on goods from any country that taxes US technology companies, a move that would override the EU-US trade deal due to take effect on 4 July. Brussels called the threat unjustified. Luxembourg's direct US exposure is small, but a blanket transatlantic tariff would strike at the steel exports, industry and financial services on which its open economy depends.
