Finance

Sweden sees US tariff announcement as start of negotiations

Published by Global Banking & Finance Review

Posted on April 3, 2025

1 min read

· Last updated: January 24, 2026

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Sweden sees US tariff announcement as start of negotiations

Sweden Considers US Tariff Announcement a Negotiation Start

STOCKHOLM (Reuters) - Sweden sees the U.S. announcement of tariffs as the start of negotiations, in which the Nordic country aims to ultimately get as low tariffs as possible, Prime Minister Ulf Kristersson said on Thursday.

U.S. President Donald Trump on Wednesday stoked a global trade war by imposing sweeping tariffs on imports from allies and rivals alike, prompting the European Union to threaten the U.S with countermeasures unless a solution is found.

"Yesterday's announcement is probably more damaging than many expected," Kristersson told reporters at a press conference.

(Reporting by Terje Solsvik, editing by Louise Rasmussen)

Key Takeaways

  • Sweden views US tariffs as a negotiation opportunity.
  • Prime Minister Kristersson aims for low tariffs.
  • Trump's tariffs spark global trade tensions.
  • EU threatens countermeasures against US.
  • Sweden prepares for trade negotiations.

Frequently Asked Questions

What is the main topic?
The main topic is Sweden's response to the US tariff announcement and its implications for trade negotiations.
How does Sweden view the US tariffs?
Sweden views the US tariffs as the beginning of negotiations, aiming to achieve the lowest possible tariffs.
What is the EU's response to the US tariffs?
The EU has threatened countermeasures against the US unless a solution is found.

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