Anyway Liberty Steel is dead….
So no impact I would say.
ShortrunLongrun on
What does Luxembourg export to there? I know Cargolux travels a lot to USA, that can have an impact if transactions reduce, but that’s more of an indirect effect
Penglolz on
Probably our steel exports. Am not too concerned tbh, as we are mostly a service economy.
eustaciasgarden on
Luxembourg holds the keys to the US Air Force largest debit in Europe. If the US want their vehicles, aerospace support equipment, etc, they need to be nice. Also Luxembourg is one of the two places in the world that make Tyvek suits (this could have changed post covid but during it was a big issue; the other being in the US/I think Kentucky). Luxembourg is small but does hold some major/critical items. I remember during Covid, XB said it doesn’t matter how we got the supplies, we have them… when other countries did not. The is a reason for this.
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No, Lux to USA export around 600 millions:
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://oec.world/en/profile/bilateral-country/lux/partner/usa&ved=2ahUKEwit0eCb76WLAxU7gP0HHfSHKZoQFnoECBIQBQ&usg=AOvVaw1BBQgDdaKr0kGbnPq0kz0B
Anyway Liberty Steel is dead….
So no impact I would say.
What does Luxembourg export to there? I know Cargolux travels a lot to USA, that can have an impact if transactions reduce, but that’s more of an indirect effect
Probably our steel exports. Am not too concerned tbh, as we are mostly a service economy.
Luxembourg holds the keys to the US Air Force largest debit in Europe. If the US want their vehicles, aerospace support equipment, etc, they need to be nice. Also Luxembourg is one of the two places in the world that make Tyvek suits (this could have changed post covid but during it was a big issue; the other being in the US/I think Kentucky). Luxembourg is small but does hold some major/critical items. I remember during Covid, XB said it doesn’t matter how we got the supplies, we have them… when other countries did not. The is a reason for this.