The Prime Minister Ulf Kristersson (M) and Finance Minister Elisabeth Svantesson met with about 20 representatives from the labor market and industry on Thursday.
What has happened in recent weeks and days is incredibly harmful to the Swedish economy, for Swedish companies, for Swedish jobs if this escalates and continues, says Svantesson.
She mentions that many small savers and investors can feel anxious when the stock market fluctuates, even though the Stockholm stock exchange has risen on Thursday.
Many Swedes have been affected in recent days and weeks. We should have ice in our stomachs when we move forward, but many of them probably feel a lump in their stomach.
Opens up for short-time work
The risk if the turbulence continues is that investments will disappear from Sweden and in the next forecast, growth will "certainly" need to be written down. The Prime Minister describes that the government has tools to take action if the situation worsens further.
If this still hits Sweden directly, or via Germany, then Sweden has muscles in the form of stable public finances and systems for short-time work, which means we can support companies, says Kristersson.
Donald Trump's unpredictability and tariff decisions will affect the relationship with the US for a long time, continues Svantesson.
It's confidence-damaging and it will be for quite some time. And it didn't have to be this way, that's the sad thing.
Then you should know that the Swedish economy and politics stand firmly.
Kristersson: Lower the tone
Sweden as an export-dependent nation can be severely affected if the trade war shifts into a new gear. Now Trump has announced a three-month tariff pause, but the uncertainty remains.
It gets very negative consequences if we enter what is often described as a trade war. What is now happening between the US and China can already be described as a trade war. It's a very uncertain time, says Ulf Kristersson.
It's good if we lower the tone.
He doesn't want to say what he thinks about Donald Trump.
My emotional life, that's not where I am when I'm dealing with politics.
Minister for Development Cooperation and Trade Benjamin Dousa (M) raises that China may come to export more to Europe now, which can mean a risk of dumping.
The Chinese have an important choice to make, he says, hoping that China will follow the WTO rules.
Participant list, Thursday, April 10
Ulf Kristersson, Prime Minister
Elisabeth Svantesson, Finance Minister
Benjamin Dousa, Minister for Development Cooperation and Trade
Johan Jakobsson, State Secretary, Prime Minister's Office
Jesper Ahlgren, State Secretary, Ministry of Finance
Håkan Jevrell, State Secretary, Ministry of Foreign Affairs
Sofia Lindbom, Chief of Staff, Prime Minister's Office
Jacob Wallenberg, Chairman, Swedish Enterprise
Johan Lindholm, Chairman, LO
Per-Olof Sjöö, Chairman, GS Facket
Marie Nilsson, Chairman, Industrifacket Metall
Jolan Wennberg, Chairman, Livsmedelsarbetarförbundet
Ulrika Lindstrand, Chairman, Sveriges Ingenjörer
Peter Hellberg, Chairman, Unionen
Tom Erixon, CEO AlfaLaval, Teknikföretagen
Patrik Jenemark, CEO, Nordvalls Etikett AB, Grafiska Företagens Förbund
Annika Bergman, Chairman, Gröna Arbetsgivare
Anders Fröberg, CEO Borealis AB, IKEM
Henrik Sjölund, CEO Holmen, Industriarbetsgivarna
Jonny Sjöström, CEO SSAB, Jernkontoret
Sofie Eliasson Morsink, CEO CCEPSweden, Livsmedelsföretagen
Lotta Lyrå, CEO Södra, Chairman Skogsindustrierna
Maria Sunér, CEO SveMin
Mats Lundgren, CEO FOV Fabrics AB, TEKO Sveriges Textil- och Modeföretag
Claes Hansson, Chairman Trä- och möbelföretagen
Emelie Antoni, Nordenchef AstraZeneca, LIF
