Finance
Sweden sees US tariff announcement as start of negotiations
Published by Global Banking & Finance Review®
Posted on April 3, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 3, 2025
1 min readLast updated: January 24, 2026
Sweden sees US tariffs as the start of negotiations, aiming for low tariffs. EU warns of countermeasures if no solution is found.
STOCKHOLM (Reuters) - Sweden sees the U.S. announcement of tariffs as the start of negotiations, in which the Nordic country aims to ultimately get as low tariffs as possible, Prime Minister Ulf Kristersson said on Thursday.
U.S. President Donald Trump on Wednesday stoked a global trade war by imposing sweeping tariffs on imports from allies and rivals alike, prompting the European Union to threaten the U.S with countermeasures unless a solution is found.
"Yesterday's announcement is probably more damaging than many expected," Kristersson told reporters at a press conference.
(Reporting by Terje Solsvik, editing by Louise Rasmussen)
The main topic is Sweden's response to the US tariff announcement and its implications for trade negotiations.
Sweden views the US tariffs as the beginning of negotiations, aiming to achieve the lowest possible tariffs.
The EU has threatened countermeasures against the US unless a solution is found.
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