EconomyLens.com
No Result
View All Result
Tuesday, June 17, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Scandinavians boycott US goods over Trump’s Ukraine U-turn

Thomas Barnes by Thomas Barnes
March 6, 2025
in Economy
Reading Time: 8 mins read
A A
2
102
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

Some Scandinavian consumers are trying to avoid US products over President Donald Trump's halting support for Ukraine. ©AFP

Stockholm (AFP) – Scandinavian consumers outraged by US President Donald Trump’s Ukraine policy turnaround have begun boycotting goods and services “Made in USA,” but are discovering just how difficult that can be at times. Several groups have emerged in recent days on social networks in Denmark and Sweden aimed at helping fellow consumers make alternate choices. The Danish group “Boykot varer fra USA” and the Swedish group “Bojkotta varor fran USA” each had some 63,000 members on Thursday.

Related

Trump says EU not offering ‘fair deal’ on trade

UK automakers cheer US trade deal, as steel tariffs left in limbo

Global oil demand to dip in 2030, first drop since Covid: IEA

US retail sales slip more than expected after rush to beat tariffs

Why stablecoins are gaining popularity

“It is of course very difficult to boycott US products consistently, quickly and long-term, but if you want to do something and don’t know where to begin, this could provide a little help,” Agneta Gottberg Henriksson, 58, wrote on the Swedish Facebook group, attaching a list of US products that has been circulating online. The list features a column on the left listing well-known American brands, while a column on the right suggests Swedish or European alternative options.

Craving KFC? Go for “grilled chicken at your neighbourhood restaurant” instead. But many of the other suggestions are problematic. For instance, members are encouraged to opt for a French Peugeot instead of Tesla. However, Peugeot’s owner Stellantis also owns several American brands including Jeep. Shoppers pining for a new pair of Nike sneakers are told to swap them out for a pair of Salomons, owned by Finnish group Amer Sports. But that group is also listed in New York.

Boycotting omnipresent US products can be tricky. For the past week, Gottberg Henriksson, a project manager from the southern Swedish region of Skåne, has tried to avoid spending any money on American goods. She admits it’s not always easy, especially when it comes to tech goods and online services. “It’s a little ironic because this group (that launched the boycott) is mainly active on Facebook. We would really like to boycott it,” but finding an alternative social network to the US-owned group is almost impossible, she told AFP.

Swedish public support for Ukraine following Russia’s invasion has been massive, and military aid to Kyiv is one of the Scandinavian country’s top foreign policy priorities. “What is happening now in the United States — turning its back on Ukraine and going back on all its promises — that was the last straw,” explained Gottberg Henriksson. She’s even willing to lose money on her conviction. Reviewing her investments, she realized that about 60 percent were placed on the US market. She decided to sell them all on March 4, the day huge US tariffs kicked in and sent global stocks tumbling. “You have to accept it. If you really mean it, you really mean it,” she said.

– European stars – In Denmark, the owner of several supermarket chains has decided to mark European products with a star to help customers make their choice. The initiative is in response to strong demand from consumers, the head of the Salling Group retailer, Anders Hagh, wrote on LinkedIn.

Swede Reidar Svedahl, 71, told AFP he had decided to boycott all US products after Trump’s February 28 shouting match with Ukraine President Volodymyr Zelensky in the Oval Office. Svedahl said it hadn’t been too hard to forego at least some American goods. “I think 99 percent of Europeans can do without 70 percent of all American products. Then the impact would be huge,” he told AFP.

Like in most of Europe, sales of Tesla electric cars — owned by key Trump ally Elon Musk, who has backed European far-right parties — continued to slide in Norway and Denmark in February. Sales in Norway were halved compared to February 2024, and were down by 44.4 percent in the first two months of the year compared to the same period a year ago. Experts said, however, that the impact of the boycott would probably be limited. “Experience shows that it’s very difficult to get any major economic effects from voluntary (consumer) boycotts,” said Olof Johansson Stenman, an economics professor at the University of Gothenburg. The effects are generally short-term and have little impact, added Eva Ossiansson, a researcher at the University of Gothenburg.

© 2024 AFP

Tags: boycottconsumer behaviorDonald Trump
Share41Tweet26Share7Pin9Send
Previous Post

ECB lowers rates again but hints more cuts in doubt

Next Post

US trade gap hits new record in January as tariff fears loomed

Thomas Barnes

Thomas Barnes

Related Posts

Economy

Bank of Japan holds rates, will slow bond purchase taper

June 17, 2025
Economy

Ecuador pipeline burst stops flow of crude

June 16, 2025
Economy

Yen slides ahead of Bank of Japan policy decision

June 16, 2025
Economy

War, trade and Air India crash cast cloud over Paris Air Show

June 16, 2025
Economy

China factory output slows but consumption offers bright spot

June 16, 2025
Economy

US Fed set to hold rates steady in the face of Trump pressure

June 16, 2025
Next Post

US trade gap hits new record in January as tariff fears loomed

US signals broader tariff reprieve for Canada, Mexico as trade gap grows

ECB chief warns of 'risks all over' as rates cut again

Trump backs off Mexico tariffs while Canada tensions simmer

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

72

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

US retail sales slip more than expected after rush to beat tariffs

June 17, 2025

Taiwan tests sea drones as China keeps up military pressure

June 17, 2025

G7 leaders urge Trump to ease off trade war

June 17, 2025

Oil prices rally, stocks slide as traders track Israel-Iran crisis

June 17, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.