Amerikanske virksomheder søger i stor stil om at få udvidet listen med stål-, aluminiums- og kobberprodukter, som bliver pålagt 50 procent straftold. Det koster danske virksomheder store beløb og har skabt et bureaukratisk monster i både EU og USA. @peterbay.bsky.social 👇

USA fjerner med kort varsel toldfrihed for småpakker. Det sender regningen 200-300 procent til vejrs, forventer @peterbay.bsky.social‬ #dkbiz www.danskindustri.dk/di-business/...

Dagens brev til EU er forhåbentlig forhandlingstaktik fra Trumps side. 30 procent straftold er uacceptabelt og skal hurtigst muligt fejes af forhandlingsbordet. Ellers må EU svare behørigt igen 1. aug, siger @peterbay.bsky.social til DR

Live fra Washington vurderer @peterbay.bsky.social om Trumps såkaldte big beautiful bills betydning for #dkbiz. Generelt kan danske virksomheder få gavn af den øgede økonomiske aktivitet, men der er også dårligt nyt for #dkgreen

Trump vil i sit "smukke" budgetforslag straffe udenlandske virksomheder med hævnskat til skade for #dkbiz. ‪@peterbay.bsky.social‬ forklarer her, hvordan skatten er skruet sammen. www.danskindustri.dk/di-business/...

Det er selvsagt positivt, at spændingsniveauet mellem USA og Kina er kommet lidt ned med en ny handelsaftale. Uforudsigeligheden - som har været et gennemgående kendetegn ved Trumps handelskrig - består imidlertid, siger @peterbay.bsky.social

If - as rumour has it - the US eases export controls on advanced semiconductors as part of a trade deal with China, it would seem that China has been the main beneficiary of Trump’s trade war.

It might be time for the EU to impose counter measures in response to Trump’s hike of steel and aluminum tariffs to 50 pct. We need to increase the pressure on Trump to secure an end to the tariff regime. My message this evening on Danish TV2.

Live fra USA: Det er en stemning af vildrede i administrationen i 🇺🇸. Embedsmænd vil gerne have en aftale med EU, men når det når Trumps kontorer, ved ingen, hvad der sker, så det kan desværre stadig blive bekosteligt for europæiske virksomheder, siger @peterbay.bsky.social

NEW: AG Pam Bondi warned that the arrest of Wisconsin judge Hannah Dugan is a warning to other judges: "we will prosecute you"

A dozen states sue Pres. Trump in a bid to block his tariffs... ihttps://www.cnbc.com/2025/04/23/states-sue-trump-in-bid-to-block-new-tariffs.html

Vi kan næsten kun rådgive om toldkrigen fra time til time, for situationen ændrer sig hele tiden med nye meldinger. Som virksomhed kan man overveje at øge lageret i USA eller evt. samle dele af sit produkt i USA, men der er ingen nem løsning for nogen, siger @peterbay.bsky.social

New now: The White House says Canada/Mexico tariffs will remain UNCHANGED -- still 25% over fentanyl concerns, with exemptions for USMCA-compliant goods. Note this is contrary to what the Treasury sec said initially, and what a WH official told me earlier. Details getting hammered out in real time.

Trump on why he announced a tariffs pause: "I thought people were jumping a bit out of line. They were getting a little bit yipee."

I’ve just been on Danish TV re Trump’s tariff pause. Positive that he now backtracks, but it has been a chaotic process. For companies, it is impossible to decipher what rules apply for tomorrow's US-trade. Uncertainty translates into a lack of investments and lower growth.

Trump's tariffs? No one was asking for any of this. A recent Gallup poll found that 81% of Americans surveyed believe trade is a growth opportunity—the highest level since the poll began in 1992—and only 14% view trade as an economic threat. by @douglasirwin.bsky.social

“Did it work? Anyone? Anyone know the effects? It did not work”

Fantastic graphic from the WSJ. Trump just increased the price of a iPhone by nearly 60 percent. Obviously completely unsustainable so won’t be sustained. An American Liz Truss moment

Peter Navarro goes full Orwell on Fox News Sunday: "The message is that tariffs are tax cuts."

Med enorm viden om global handel skal @peterbay.bsky.social læse og oversætte signaler og politik fra Washington til virksomheder, politikere og den danske befolkning. Han opfordrer virksomheder til at række ud til DI’s styrkede USA-hjælp. 👉 www.danskindustri.dk/di-business/...

As seen in DC

The Trump effect. #MarketsDontLie

En øget amerikansk told skader både USA og de lande, der bliver ramt af tolden. Det vil ramme virksomhederne og i sidste ende forbrugerne. I en handelskrig er vi desværre alle tabere, siger @peterbay.bsky.social

Is Europe still important to the US? Indeed so! US companies have more investments in Europe than in the entire rest of the world combined. Data from US Commerce Department - International Trade Administration.

Just curious: at what point do former presidents Clinton, Bush, Obama and Biden... And former secretaries and officials (Mattis, Sullivan, Petraeus, Blinken and others) start speaking out forcefully and collectively about the destruction of the transatlantic alliance?

Will Trump do all the things he has said when it comes to tariffs? Who knows (probably not even himself), but if he does, it will bring US factories to a standstill and raises prices for US consumers. #NotGoodForAnyone. My main message on Danish TV yesterday evening.

U.S. imported 577 bn USD worth of goods from EU in 2023. If those goods are slapped with 25% ekstra tariffs, US companies and consumers will have to pay around 144 bn USD more for those same goods. Inflation will go up or welfare will go down - either way, Americans are worse off.

Trump har i høj grad skabt usikkerhed om vilkårene på det amerikanske marked. DI's USA-ekspert Peter Bay Kirkegaard giver her 6 gode råd til #dkbiz #dkpol www.danskindustri.dk/di-business/...

Ukraine's independence and territorial integrity are unconditional. Our priority must now be strengthening Ukraine and providing robust security guarantees. In any negotiation, Europe must have a central role. Our Weimar+ statement ↓

trump couldn’t kill the green transition during his first term…he won’t kill it this time either advancing tech and plummeting costs to make clean energy cheaper than fossil fuels in most places i explain for @projectsyndicate.bsky.social prosyn.org/Jpm723A?h=LC...

Years of anti-corruption work down the drain. Corruption is essential a wasteful use of ressources and leads to sub-optimal decisions.

The 2018 steel tariffs just called to remind you that steel is produced by a tiny sliver of the economy, but used as an input by a much broader swathe of manufacturers. https://buff.ly/42ReSrr

USA er blevet Danmarks største eksportmarked, og derfor er #dkbiz meget interesserede i den megen uro i USA, og hvordan den påvirker virksomhederne, fortæller @peterbay.bsky.social inden sit oplæg på DI’s store erhvervsevent “Trump ved roret i USA” i Aarhus.

Jeg været en tur i @tv2news.bsky.social her til aften for at tale om Trumps trussel om told mod Canada og Mexico på 25 pct. USA importerer en fjerdedel af sine varer fra de to lande, så tolden kan ende med at skære 2 pct point af USAs BNP og koste 900.000 arbejdspladser i USA. #NotTheArtOfTheDeal

Trumps kontroversielle start som præsident øger #dkbiz interesse for DI i USA, hvor Thomas Høgh Henriksen arbejder tæt sammen med virksomheder for at afkode den politiske retorik #dkpol www.danskindustri.dk/di-business/...

New high-quality poll from @berlingske.bsky.social and Sermitsiaq asking Greenlanders about their future affiliation: 85% do not wish to leave the Kingdom of Denmark and become part of US; just 6% do. www.berlingske.dk/politik/over...

The EU will save its Russia sanctions from expiring after officials reached an 11th-hour deal with Hungary, which had threatened to trash the war-time penalties.

Colombia becomes first victim of Trump-tariffs. 25 pct on all Colombian imports owing to their refusal to receive deported immigrants. Unclear what legal instruments will be used, but Trump has wide discretion. www.politico.com/news/2025/01...

Brussels threatens ‘decisive action against China over contract awards https://www.ft.com/content/83518690-03fe-434a-90d7-c518e504505a

Det er en stor sejr for den danske model, at generaladvokaten nu indstiller til, at EU-direktivet om mindsteløn bør annulleres. I DK bliver mindstelønnen bestemt gennem forhandlinger mellem parterne. Det er centralt i den danske model, siger vicedirektør, Christoffer Thomas Skov. #dkpol #eudk

Trump: "we need Greenland for national security purposes." Says there are Chinese and Russian ships everywhere Says he would "tariff Denmark at a very high level" if they sought to block the US from taking Greenland, if its own residents voted to be part of the US

The same motherfuckers who spent months saying we couldn’t support Ukraine because groceries are too expensive now want to buy Greenland.

US is now loosing sanctions towards #Syria. Transactions with governing institutions in Syria; transactions related to oil and gas; and transactions related to personal remittances to Syria are now allowed for the next 6 months. Will EU follow? home.treasury.gov/news/press-r...

Vi er enige i Nationalbankens analyse. Europa og DK er presset i den globale konkurrence med USA og Kina. Det understregede jeg i går aftes i 21 Søndag på DR1. Det er bydende nødvendigt, at vi igangsætter reformer og afbureaukratisering, så vi kan forbedre danske virksomheders konkurrenceevne.

BREAKING: Canadian PM Justin Trudeau resigned from his position as the leader of the Liberal Party. "I intend to resign as party leader, as prime minister, after the party selects its next leader through a robust nationwide, competitive process."

Canadas Justin Trudeau trækker sig efter et årti ved magten www.bbc.com/news/live/cl...

Trump’s National Security Advisor.

Luckily, globalization is not dead - one among 10 trade trends for 2025.

EU share of global GDP has dropped from 26 pct. (2004) to 17 pct. (2024). We don't have economic weight allowing us to use trade agreements to impose values on others. EU trade agenda needs to be more about trade/less about other issues, I argue together with Danish MEP @loekkegaard-mep.venstre.dk

"Are tariffs bad for growth? Yes, say five decades of data from 150 countries" pmc.ncbi.nlm.nih.gov/articles/PMC...