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Sweden's economic growth will be hit by tariffs, finance minister says

Published by Global Banking and Finance Review

Posted on April 10, 2025

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HELSINKI (Reuters) - Sweden's economic growth will be negatively affected by the international conflict over trade tariffs, Finance Minister Elisabeth Svantesson said on Thursday.

"It's a given that the growth outlook must be revised down when the next forecast is presented," Svantesson told reporters after a meeting between government ministers, companies and labour unions.

U.S. President Donald Trump last week announced hefty tariffs on imports to the United States, but partly paused those measures on Wednesday amid intense market volatility.

(Reporting by Essi Lehto, editing by Terje Solsvik)

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