Trade & Tariffs: President Trump reduced some Section 232 duties on agricultural equipment and HVAC machinery from 25% to 15% (through end-2027) and adjusted tariff lists for certain aluminum/steel derivative products, while keeping the broader metals-national-security framework intact. EU Border Rules: The EU’s Entry/Exit System (EES) is fully operational and will require biometric checks for travelers in participating countries; notably, Liechtenstein is listed among those not using the system, even as other states work through rollout disruptions. Liechtenstein in the EU orbit: A Reuters report says France’s AMF is warning crypto firms they must get MiCA licenses by June 30 or face prosecution, with the licensing route usable across the EEA including Liechtenstein. International Law & Security: 56 countries and the EU condemned a Russian drone violation of Romanian airspace in a UN Security Council joint statement, with Liechtenstein among signatories. Regional Diplomacy: Norway’s envoy praised PM Modi’s Europe trip as “historic,” citing a green strategic partnership and a major investment commitment under the India-EFTA TEPA that includes Liechtenstein. Business & Media: RTL completed its €68m acquisition of Germany’s Sky Deutschland, extending sports and entertainment reach across the DACH region including Liechtenstein.