Finance Minister Elisabeth Svantesson: It Worries More than Trump's Tariffs

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Finance Minister Elisabeth Svantesson: It Worries More than Trump's Tariffs
Photo: Jonas Ekströmer/TT

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Raising tariffs is challenging, especially for countries that are dependent on the USA.

She is, however, more worried about what is happening in the EU than what is happening in the USA.

To be honest, I am more concerned about the EU itself being too slow to increase productivity. That is the biggest problem we have. Of course, if you add significantly higher tariffs on top of that, it will affect us.

It is never good with a global trade war, emphasizes the minister:

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Free trade as a basis benefits everyone, including the Americans, she says.

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TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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