Sweden's economy, households hit by tariffs
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Trump tariffsCNBC
•World
World
Sweden is feeling the heat from Trump tariffs — and there's more to come
87% Informative
Uncertainty around the U.S. ' trade policy has left its mark on Swedish and international financial markets.
Sweden 's finance ministry has revised its growth forecasts lower as a result of tariff uncertainty.
Eight out of 10 Swedes save or invest their money in funds, stock markets and so on.
Low household confidence could filter through to consumption, finance minister says.
Sweden is an export-dependent country: exports amounted to around 55% of the national gross domestic product (GDP) in 2024 .
The country's economy is vulnerable to tariffs imposed on the EU by President Trump .
The move was predicated on what Trump sees as unfair trading practices by the EU .
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