Trump's new order includes general tariffs on goods for the EU and 68 other countries.
Robert Bergqvist describes the message as a temporary confusion of tariff rates, pauses and exceptions that are difficult to keep up with. At the same time, it is a blackmail situation against the outside world – and it will cost.
It is a nightmare for internationally active companies and everyone will have to pay when global trade is challenged, he says.
Primarily, the bill will land with American households and importers, followed by exporters.
For Sweden's part, the increased unpredictability in the long run may mean that export companies have to cut back.
Many believe that this is a first step away from total uncertainty. It may become a little clearer, but I still think that the uncertainty will persist, says Robert Bergqvist.
Everyone is a loser. This is a permanent damage to the world economy.
But the fact that the message is now being postponed is also in a way a welcome pause.
It provides a negotiating window for those who want to negotiate, says Robert Bergqvist.
Negotiations between countries will now continue, he believes, but not in the spotlight.
Robert Bergqvist says that Trump, however, is not completely deaf to the market's reactions.
The hope is that he takes a step back if there are negative effects from this.
