22 Jul, 07:03··

US Raises Tariffs on Norway, Not EU

NRK

The United States raised tariffs on Norway and the EU. Norwegian goods now have a 12.5% tariff. This causes problems for Norwegian businesses.

The US government increased tariffs on goods from Norway and the European Union. The tariff on Norwegian goods rose from 10% to 12.5%. The Norwegian government says this is not fair. They disagree with the US’s reasons for the tariffs. The Norwegian seafood industry is worried about the impact on exports.

Summarized from the sources above. Read the originals for the full story.

Highlights

USA Increases Tariffs on Norway

The United States raised tariffs on Norway to 12.5%.

Norway Disagrees with Tariffs

Norway strongly disagrees with the new US tariffs.

Seafood Industry Fears Tariffs

The Norwegian seafood industry worries about potential higher tariffs.

Tariffs Unreasonable, Says Norway

Norway’s Minister Eide called the tariffs ‘completely unreasonable’.

EU Remains at Lower Rate

Tariffs remain at 10% for EU countries.

Perspectives

Sources agree
  • The United States increased tariffs on Norway and the EU.
  • Norwegian goods face a 12.5% tariff.
  • The US tariffs on Norway are ‘completely unreasonable’.
  • The US tariffs on Norway are a competitive disadvantage.
Sources disagree
Reason for US tariffs

Norway believes the tariffs are unjustified and contradict US arguments about forced labor.

NRK, NRK

The US is concerned about imports produced with forced labor.

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Timeline

2d 1h span
22 Jul, 07:0324 Jul, 08:31
tradepoliticseconomytariffsseafood