Sweden Seeks Exemption from US Tariffs Amid Ongoing Trade Tensions
Sweden is actively seeking exemptions from US tariffs to protect vital imports amidst escalating US-EU trade tensions.
Key Points
- • Sweden submitted a confidential list of 13 US goods for tariff exemptions.
- • Trade Minister Dousa emphasizes avoiding self-harm in trade relations.
- • The EU considers comprehensive countermeasures in response to US tariffs.
- • Concerns rise as a deadline approaches for potential tariff increases.
On June 10, 2025, Sweden’s Foreign Trade Minister Benjamin Dousa announced a strategic push to protect Swedish industries by seeking exemptions from US tariffs that are part of an escalating trade dispute between the US and the European Union. In a move to shield sensitive imports essential for local jobs, Sweden has submitted a confidential request to the European Commission, aiming to exempt 13 specific products from tariffs that could reach up to 20% if negotiations fail.
This latest initiative follows the submission of an earlier list featuring just five product codes, including kaolin clay, sulfate pulp, and certain types of plastic packaging. The expanded request reflects the government's assessment of which goods are crucial for maintaining the competitiveness of Swedish industries. Dousa emphasized the importance of a calculated approach, remarking, "We do not want to shoot ourselves in the foot," as the implications of increased tariffs could jeopardize trade relations and economic stability.
The EU is currently formulating a comprehensive countermeasure package in retaliation to US tariffs that have drained approximately €95 billion from European exports. In addition to Sweden's list, which has not been disclosed to prevent market disruption, the European Commission is considering export restrictions on specific goods, such as scrap steel and chemicals, valued at €4.4 billion.
Dousa, who has collaborated closely with over a hundred businesses to derive the final list, believes that a negotiated solution with the US is viable. He pointed out that Sweden's submission for exemptions is more conservative compared to other EU member states that are pushing aggressively for broad tariff relief. The urgency of the situation escalates as the initial 90-day pause on several tariffs is set to expire on July 8, laying the groundwork for potential retaliatory measures if no agreement is reached.
Dousa concluded with concerns regarding the uncertainty that tariffs introduce, which complicates business planning and threatens economic consequences for Swedish industries.