US trade policy shifts

Tariffs and funding pauses

Trump’s new tariffs target broad negotiations, trade imbalances, and U.S. industry protection. Cleantech funding pauses may impact Swedish enterprises with U.S. government contracts.

What Sweden needs to know about the new tariff landscape

The latest round of U.S. tariffs, announced by President Trump on 1 February 2025, sets the stage for major shifts in global trade. While Canada and Mexico have secured temporary pauses, these exemptions are due to expire soon, increasing the likelihood of further trade actions – whether through retaliatory tariffs or additional delays.