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EU Postpones US Tariff Countermeasures but Remains Prepared
The EU has postponed the planned countermeasures against the USA in the customs issue for six months. But Foreign Trade Minister Benjamin Dousa clarifies that the union's weapons are still loaded.
EU Delays Retaliatory Tariffs Against US for Six Months
EU postpones the planned countermeasures against the USA in the customs issue for six months, reports CNBC. The measures would have come into force this week.
US Tariffs on EU Begin August 7 Amid Uncertainty
USA's customs duties against the EU will begin to apply on 7 August. But much is still unknown about what the customs agreement actually means.
Export Industry Remains Positive Despite High Tariffs
The exact details of the trade agreement have not yet been made public. But the agreement means a temporary breathing pause in an economy that has been uncertain so far.
Kristersson Calls EU-US Customs Agreement Both Sweet and Sour
Prime Minister Ulf Kristersson (The Moderate Party) says that he thinks "both and" about the customs agreement that was concluded between the EU and the USA on Sunday evening. There is really both sweet and sour in this agreement, he says.
EU and USA Sign Tariff Agreement, Marking a New Trade Era
The customs agreement that the EU and the USA have entered into means that we are now entering "a completely new era" – when one violates the WTO's principle of equal treatment, according to Per Altenberg, chief economist at the National Board of Trade. It was this situation that the principle was intended to prevent, he says.
EU-USA Customs Agreement Offers Predictability but No Wealth Boost
The customs agreement between the EU and the USA creates, according to Minister for Foreign Trade Benjamin Dousa (The Moderate Party), "some predictability" for Sweden's part. "This agreement makes no one richer, but is perhaps the least bad alternative", he says in a written comment to TT.
USA and EU Finalize Comprehensive Customs and Trade Agreement
USA and EU are in agreement on American import duties of 15 percent on goods from EU, including cars. The union commits at the same time to invest in and buy energy from USA for thousands of billions of kronor.
Trump Sees 50% Chance of EU Customs Agreement
USA's president Donald Trump is traveling to Scotland where he, among other things, will meet the EU Commission's chairman Ursula von der Leyen. He puts the chance of a customs agreement with the EU at 50 percent.
China-Russia Relations Key for EU Cooperation
Beijing and Brussels have agreed to lead the world in the fight against climate change at a time when the US, under Donald Trump, is withdrawing during a summit in Beijing. The "decisive factor" for the EU in the cooperation is now China's relationship with Russia.
Zelenskyj Proposes New Bill to Preserve Ukraine's Anti-Corruption Agency
After a massive wave of criticism, Ukraine's president Volodymyr Zelenskyj presents a new bill that is to preserve the independence of the country's anti-corruption agency, he writes on Telegram. At the same time, thousands of Ukrainians continue to protest against the government in Kyiv on Wednesday evening.
Swedish Companies Frequently Call Customs Hotline Over US Tariffs Concerns
Almost daily, the National Board of Trade's customs duty hotline receives calls from small and large companies in Sweden. The calls come from companies that are worried about customs duties that have already been introduced, for those that Trump has indicated he will introduce – and for the EU's countermeasures.
EU Faces Urgent Trade Balance Challenge with China Ahead of Beijing Summit
Trump's tariffs increase the pressure on the EU to find a good trade balance with China, notes SEB's senior economist Robert Bergqvist ahead of Thursday's summit in Beijing. It is very urgent to find this right balance, in the relationship between the EU and China.
EU Leaders to Meet President Xi in China for Summit
The European Commission President Ursula von der Leyen and the President of the European Council António Costa are traveling to China for a summit on Thursday, confirms Beijing. "President Xi Jinping will meet them", announces China's Foreign Ministry in a statement.
EU Budget Proposal Sparks Widespread Criticism and Anger
The criticism is massive against the proposal for the EU's new long-term budget – just as expected. The question is what will survive in the tough negotiations that now begin.
EU Budget Inflated by Creative Accounting to Trillions
Both future inflation and a substantial rounding were included when the EU Commission wanted a powerful figure for its long-term budget. .
Criticism Arises Over Proposed EU Budget Increase to 2 Trillion Euros
Larger, smarter and sharper are the watchwords when the EU Commission proposes a considerably increased long-term budget of 2,000 billion euro. But the criticism is also immediate.
Sweden Challenges EU Budget Plans Amid Upcoming Negotiations
How much more should be paid to the EU, in what way and why? Here are the most crucial questions when EU countries and parliament are getting ready for at least two years of budget disputes. .
Trump Secures Trade Agreement with Indonesia Including Import Duties
USA's president Donald Trump has entered into an agreement with Indonesia's president, Prabowo Subianto. The agreement contains, among other things, import duties of 19 percent on goods from Indonesia, reports Bloomberg.
Trump Threatens EU with 30% Tariffs Over Trade Agreement Dissatisfaction
Donald Trump has threatened the EU with 30-percent tariffs in a letter to the EU Commission's chairman. Now the White House's economic advisor Kevin Hassett says the president has seen drafts of several trade agreements – and that he is not satisfied.
EU and Indonesia Reach Political Agreement on Free Trade Deal
The European Commission's President Ursula von der Leyen reports on Sunday that the EU and Indonesia have reached a "political agreement" on free trade. On Sunday, she met with Indonesia's President Prabowo Subianto in Brussels.
EU Prepares Countermeasures Against Trump's Proposed Tariffs
The President of the EU Commission Ursula von der Leyen writes on X that Donald Trump's threat to introduce 30-percent import duties against the EU would "harm businesses, consumers and patients on both sides of the Atlantic". .
Trump Warns EU of 30 Percent Tariffs Amid Trade Talks
The President of the USA, Donald Trump, is threatening to introduce 30-percent import duties on goods from the EU as of August 1, he writes on his social media platform Truth Social. The threat comes at the same time as the USA and the EU are negotiating a trade agreement.
Sweden Calls for EU Action on Rising Cormorant Population
The number of great cormorants has increased so much that it affects fishing and the protection of endangered fish species. It is high time that the EU introduces a common strategy to achieve a better balance, demand among others the Swedish EU parliamentarian Sofie Eriksson (S).
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Sweden Herald
Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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