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Karlstad – The Swedish Minister of Enterprise Ebba Busch warns Swedish companies against relocating operations to the USA to avoid tariffs.
“It is risky for a company’s future to move to a country led by such an unpredictable leader,” says Busch.
“The message is: Choose Sweden.”
Busch also states that the escalation now seen with China announcing a 34 percent tariff on American goods is “incredibly unfortunate.”
“This is the result when one initiates a trade war.”
When asked what the EU should respond to the USA with, Busch says:
“It will involve countermeasures, but we will do this collectively within the EU, and we (the government) will try to carve a path that still protects Swedish input goods as much as possible.”
Ebba Busch expects that the uncertainty about what to expect from President Donald Trump and his administration will continue.
(April 4)