Payments from the Russian-owned, Sundsvall-based aluminum manufacturer Kubal have been stopped by Swedish banks, reports Dagens Industri. The information about the payment problems comes after the Swedish Tax Agency froze SEK 56 million in Kubal's tax account at the beginning of the summer.
BusinessDonald Trump has promised that his tariff package will create new jobs in the USA's rust belt. The car workers' union UAW has praised the tariffs, but Dan Hand, who works for the union at a truck factory in Pennsylvania, is skeptical. The risk is great that people will lose their jobs, he says.
World politicsDonald Trump has promised that his tariff package will create new jobs in the USA's rust belt. The car workers' union UAW has praised the tariffs, but Dan Hand, who works for the union at a truck factory in Pennsylvania, is skeptical. There is a great risk that people will lose their jobs, he says.
World politicsThe Government is to create a kind of customs hotline for companies that feel uncertainty about the USA's trade tariffs.
BusinessThe customs conflict between the EU and the USA is not over. It is only parts of it that have been put on hold. It will affect Swedish exports to the USA, says Per Altenberg at the National Board of Trade.
BusinessPresident Donald Trump accuses the world's trading partners of years of unfair treatment of the USA. But the EU's tariffs against the USA do not stand out. They are similar, says Per Altenberg, trade strategist at the National Board of Trade.
BusinessThe EU has prepared the so-called trade bazooka, which after the USA announced its tariffs now risks being fired. We are in a trade war, says Per Altenberg, trade policy analyst at the National Board of Trade.
BusinessJuice and jeans are okay. But many other goods need to be exempted in the EU's response to the USA in the escalated trade war. If we are forced to respond, it should be done with as little impact on our growth as possible, says Sweden's Minister for Foreign Trade Benjamin Dousa (The Moderate Party) to TT.
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