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Speaking of dirty fights, I'm not quite sure if Sweden can afford to win this. They are a major exporter in the US, Volvo brands control 15% of the truck market
by cornholio 3y ago
Speaking of dirty fights, I'm not quite sure if Sweden can afford to win this. They are a major exporter in the US, Volvo brands control 15% of the truck market. US is one of the three major export destinations for Sweden, and a good chunk of the $18 billion exports are vehicles and related parts and supplies.
So if the Swedish state, by its inaction, allows an American car company to be targeted by public employees to the point where it is driven out of the market, the proportional retaliation from the US is not a 10% or 20% import duty; it's the complete blocking of Swedish brands. This would cost Sweden entire percentages of GDP and countless jobs.