Sweden's economic growth will be hit by tariffs, finance minister says
Published by Global Banking & Finance Review®
Posted on April 10, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on April 10, 2025
1 min readLast updated: January 24, 2026
Sweden's Finance Minister warns that trade tariffs will negatively impact the country's economic growth, prompting a forecast revision.
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)
The impact of international trade tariffs on Sweden's economic growth.
Tariffs are expected to negatively impact Sweden's economic growth, leading to a revised forecast.
Sweden's Finance Minister, Elisabeth Svantesson, commented on the impact.
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