Dousa Skeptical of Lasting End to US-EU Trade Tariff Dispute

Benjamin Dousa (M), Minister for Foreign Trade, welcomes the federal court's decision to stop the comprehensive tariffs that US President Donald Trump has introduced or threatened with. But there is some hesitation. – One can probably expect the administration to try to introduce these tariffs in some way anyway, says Dousa.

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Dousa Skeptical of Lasting End to US-EU Trade Tariff Dispute
Photo: Fredrik Sandberg/TT

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It is good for Sweden that the tariffs have been stopped, according to Benjamin Dousa.

But then it is a very big problem that it is such volatility, he says to TT.

That there is a tariff that applied three weeks ago, another tariff that applied yesterday, a third tariff that applies today – it creates a very great uncertainty that also has a price.

Expecting a new attempt

Dousa thinks that the most important thing now is to get a solution between the EU and the US through negotiations.

Can one interpret it as that you do not expect it to be over?

No, unfortunately, the Trump administration seems to be, for unclear reasons – whether it is for symbolic reasons, or if it is some kind of play for the American audience – but they seem to mean business with thinking that the tariff is good. One can probably expect the administration to try to introduce these tariffs in some way anyway, says Dousa.

Destructive symbolic politics

The decision from the American court is also welcomed by Finance Minister Elisabeth Svantesson (M).

”Good that they are now stopped, the best would be a negotiated solution that holds over time. We need more free trade”, she writes in a comment.

Svantesson also repeats the government's standpoint that Trump's message creates great uncertainty on the world's markets and that it is a "high-stakes game" he is playing.

"The tariffs are politics in their most destructive form – an attempt to signal action, but which in practice hits the American economy directly."

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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