Donald Trump's new tariff threat should not change anything in the trade relationship with the EU. Per Altenberg, chief economist at the Swedish Board of Trade, says: "We assume that the agreement the US has made with the EU is valid." The agreed 15 percent tariff can also be lower when it suits the US.
BusinessThe risk of a full-scale trade war between the EU and the U.S. has increased with Donald Trump's threat of tariffs on Greenland, according to Per Altenberg, chief economist at the Swedish Board of Trade. The warning comes after Swedish exports to the U.S. have already plummeted by 16 percent due to tariffs and uncertainty.
BusinessDonald Trump's latest tariff threat against Sweden and several other countries, over their support for Denmark in the Greenland issue, will lead to a joint response from the EU, two economists believe.
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