EU

President Donald Trump has threatened a 100% tariff on goods from any country, particularly targeting European nations, that implement taxes on digital services provided by US companies. This escalation comes as countries seek revenue in increasingly digital economies, with unresolved tensions over digital tax regulations.

Europol reported a significant rise in organised crime within the EU, identifying 731 active criminal networks comprising over 400,000 members. Drug trafficking remains predominant, with cybercrime rapidly increasing. Law enforcement aims to dismantle these networks by targeting their financial structures and promoting cross-border collaboration.

EUROPE MORNING BRIEFING

Overnight, tensions escalated in the European Union as leaders condemned Viktor Orbán’s actions regarding Hungary’s energy commitments. The bloc faces challenges in ensuring support for Ukraine amidst ongoing disputes over pipeline safety and financial agreements.

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