The Prime Minister had today called upon business leaders and trade union leaders to discuss the tariffs.
Trump has indeed announced a three-month tariff pause, but the uncertainty remains, according to Wallenberg.
It will naturally be uncertain until we know what really applies, if we ever know it, says Wallenberg, who is not only the chairman of the Swedish Enterprise but also a business leader through all the companies controlled by his family.
He expresses support for both what the Swedish government and the EU are doing after the meeting.
It is essential that we stand together and have a calm and mature attitude towards the USA, he says.
Sees risks
Jacob Wallenberg also sees risks for Swedish companies.
Swedish companies are highly dependent on exporting, trade with the outside world, and the risk of high tariffs naturally means that there is a risk that our trade will be affected.
Lotta Lyrå is the chairman of the Forest Industries and CEO of Södra:
We are a sector that exports a lot, both to the rest of Europe but also to the USA and Asia, and all of this leads to many effects on the total.
Missing investments?
Lyrå warns that the tariffs will both erode competitiveness and risk driving up inflation, but also sees other risks. She is worried that households and companies will wait with purchases and investments.
LO chairman Johan Lindholm is worried that unemployment will increase further. He therefore emphasizes the need for more investments.
We have enormous investment needs in this country. We could put people to work and get Sweden working again, build railways, power supply, housing, there is so much to do, he says.
