In the press
According to Luxembourg's Chamber of Commerce, Luxembourg should prepare for every possible scenario if US decides to hit EU products with tariffs.
After US President Donald Trump imposed tariffs on Canada, Mexico, and China, fears are mounting that it is only a matter of time before the EU is next in line.
"We have over $300 billion deficit. They don't take our cars, they don't take our farm products, they take almost nothing and we take everything from them. Millions of cars, tremendous amounts of food and farm products", Trump told journalists.