US President Donald Trump has introduced a global toll of 25 percent on steel and aluminum. The EU has responded with countermeasures that may include goods worth up to NOK 300 billion, between other boats, whiskey and motorcycles. Now, Minister of Industry Cecilie Myrseth fears that countermeasures from the EU can hit Norwegian companies. – What is Norway’s concern is what is called protection measures, which are not yet on the stairs now, that it will hit Norway, says Myrseth. Norwegian exports can be affected Norway exports most of the steel and aluminum to Europe, but also has some direct export to the United States. In Brussels, the Minister of Industry has had talks with key players in the European Commission. One of the Myrseth has had talks with is commercial commissioner Maros Sefcovic. He is responsible for the EU’s response to the US customs measures. – Right now there are no such measures on the table, but we know that there is something that is being discussed, says Myrseth. EU Commissioner Maros Sefcovic. Photo: Laurent Gillieron / AP / NTB The EU has not yet provided Norway any guarantee that the protection measures will not affect Norwegian companies. – It has not been clarified today if Norway is releasing measures, says Myrseth. What is customs? Customs are a fee that the state adds to goods that are purchased, or sold out of the country/customs area The money from the customs tax goes to the state when the United States introduces 25 percent tariff on judging steel, it means that steel which in Canada costs NOK 1000, in the US costs NOK 1250 When other countries respond with higher tariffs, Inland producers for competition from foreign goods, which are sold at low prices Trump threatens with 200 percent Toll Myrseth says the government will maintain a close dialogue with the EU to protect Norwegian interests. – We are very clear on our position and want to ensure a good and close dialogue in the future, she says. She also points out that it is important to secure cooperation in Europe: – What is happening in Europe, it concerns Norway and vice versa. The EU countermeasures have caused the US president to react. On Thursday, Trump threatens that if the EU does not remove tariffs on whiskey to the United States, he will respond with 200 percent tariff on wine, champagne and other alcohol from France and the EU, Reuters reports. Donald Trump has introduced high tariffs on goods from Mexico, China and Canada. He says the EU is the deputy out. Certainly there will be a trade war between the EU and the United States, then what happens to your and my wallet? Støre: “Serious trade conflict” Prime Minister Jonas Gahr Støre (Ap) has previously stated that this is the start of a serious trade conflict. – It is unfortunate for Norway, which has a small, open economy. All countries are best lit with an open world trade, where everyone follows the same player rules, he told NTB. Prime Minister Jonas Gahr Støre Photo: Alf Simensen / news Finance Minister Jens Stoltenberg (Ap) emphasizes that the situation is serious: – The development is worrying. We follow the situation closely to ensure Norwegian interests, Stoltenberg told NTB. Interested foreign? Listen to the podcast of the foreign editor: Published 13.03.2025, at. 13.57
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