EU Aims to Shield Norway from U.S. Trade Conflict

Copenhagen, April 7, 2025 – The European Union (EU) is taking steps to mitigate the impact of its escalating trade conflict with the United States on Norway. European Commission President Ursula von der Leyen announced this strategy during a joint press conference with Norwegian Prime Minister Jonas Gahr Stoere.

Norway, although not an EU member, is closely linked to the union through the European Economic Area (EEA) agreement. This relationship allows Norway to participate in the EU's single market while maintaining its independence. Von der Leyen's remarks come amid rising concerns about the fallout from U.S. President Donald Trump's decision to impose extensive tariffs on goods imported into the United States.

The tariffs affect a wide range of imports, including a significant 20% levy on EU goods and a 16% tax on Norwegian products. This has prompted fears in Norway about potential economic repercussions, given that roughly two-thirds of the country’s exports, notably oil and natural gas, go to the EU.

"We will stay in very close contact to minimise effects of our actions on each other," von der Leyen stated, emphasizing the EU's commitment to maintaining its trade relationship with Norway. Her assurance aims to quell apprehensions in Norway that they might inadvertently bear the brunt of any retaliatory measures stemming from EU actions against U.S. tariffs.

Norway previously voted against joining the EU in national referendums held in 1972 and 1994. Nevertheless, it has maintained a strong economic partnership through the EEA, ensuring continuity in business relations with EU member states while avoiding the imposition of additional tariffs that could distort trade flows.

As the global economic landscape continues to shift due to these tariff changes, both the EU and Norway appear determined to preserve their collaborative trade ties, navigating a complex situation with mutual interests in mind.