Berliner Boersenzeitung - Scandinavians boycott US goods over Trump's Ukraine U-turn

EUR -
AED 4.245913
AFN 76.887634
ALL 93.218842
AMD 422.094755
AOA 1060.176801
ARS 1724.882567
AUD 1.638747
AWG 2.082489
AZN 1.97002
BAM 1.955776
BBD 2.321671
BDT 142.688227
BHD 0.434695
BIF 3451.157116
BMD 1.156136
BND 1.477082
BOB 13.69983
BRL 5.876989
BSD 1.152686
BTN 109.688637
BWP 15.558807
BYN 3.432357
BYR 22660.258427
BZD 2.318271
CAD 1.612983
CDF 2615.761404
CHF 0.93588
CLF 0.026829
CLP 1055.916879
CNY 7.801146
CNH 7.796152
COP 3633.55485
CRC 523.993489
CUC 1.156136
CUP 30.637594
CVE 110.26363
CZK 24.258158
DJF 205.267449
DKK 7.477932
DOP 67.289164
DZD 152.967099
EGP 57.293288
ERN 17.342035
ETB 186.049588
FJD 2.553384
FKP 0.857252
GBP 0.858527
GEL 3.017966
GGP 0.857252
GHS 13.526832
GIP 0.857252
GMD 84.980421
GNF 10123.874202
GTQ 8.794891
GYD 241.157003
HKD 9.066767
HNL 30.895616
HRK 7.536622
HTG 150.718127
HUF 363.096405
IDR 20580.370421
ILS 3.468234
IMP 0.857252
INR 110.076256
IQD 1509.981237
IRR 1590322.371805
ISK 142.598215
JEP 0.857252
JMD 183.057725
JOD 0.819746
JPY 182.445186
KES 149.158147
KGS 101.104505
KHR 4681.941823
KMF 492.514185
KRW 1627.677557
KWD 0.356853
KYD 0.960588
KZT 540.233287
LAK 26025.676609
LBP 103223.017367
LKR 386.635196
LRD 208.057415
LSL 18.726567
LTL 3.413768
LVL 0.699335
LYD 7.331909
MAD 10.743067
MDL 20.044751
MGA 4918.938878
MKD 61.529235
MMK 2427.363841
MNT 4157.293457
MOP 9.314584
MRU 46.338424
MUR 54.419742
MVR 17.862733
MWK 1998.775164
MXN 20.094074
MYR 4.728715
MZN 73.882892
NAD 18.726567
NGN 1577.963717
NIO 42.419473
NOK 10.99759
NPR 175.501819
NZD 1.966719
OMR 0.442445
PAB 1.152686
PEN 3.903651
PGK 5.093937
PHP 70.183258
PKR 320.014324
PLN 4.299905
PYG 6853.914834
QAR 4.213648
RON 5.244583
RSD 117.338542
RUB 94.338828
RWF 1694.978938
SAR 4.329446
SBD 9.325039
SCR 16.705092
SDG 694.263698
SEK 10.961095
SGD 1.467719
SLE 28.445176
SOS 658.791814
SRD 43.778814
STD 23929.673396
STN 24.499696
SVC 10.085875
SZL 18.722767
THB 38.210709
TJS 10.633568
TMT 4.058036
TND 3.386358
TRY 55.144784
TTD 7.812903
TWD 37.286072
TZS 3051.762079
UAH 51.625959
UGX 4293.946644
USD 1.156136
UYU 46.399423
UZS 13785.828699
VES 873.763846
VND 30295.956222
VUV 137.068136
WST 3.160546
XAF 655.948849
XAG 0.018188
XAU 0.000266
XCD 3.124515
XCG 2.077474
XDR 0.81579
XOF 655.948849
XPF 119.331742
YER 275.626884
ZAR 18.667336
ZMK 10406.612213
ZMW 21.75673
ZWL 372.275202
  • CMSC

    0.0240

    21.744

    +0.11%

  • RELX

    0.0485

    35.52

    +0.14%

  • BTI

    0.6000

    59.33

    +1.01%

  • RIO

    1.4500

    101.1

    +1.43%

  • BCC

    2.3400

    86.6

    +2.7%

  • RYCEF

    0.2300

    20.85

    +1.1%

  • NGG

    0.4700

    80.88

    +0.58%

  • BCE

    -0.0200

    22.75

    -0.09%

  • GSK

    0.7900

    52.96

    +1.49%

  • RBGPF

    0.7600

    70.5

    +1.08%

  • CMSD

    -0.1600

    21.82

    -0.73%

  • JRI

    0.1500

    12.81

    +1.17%

  • VOD

    0.1900

    16.19

    +1.17%

  • BP

    -0.6000

    41.63

    -1.44%

  • AZN

    1.4100

    161.42

    +0.87%

Scandinavians boycott US goods over Trump's Ukraine U-turn
Scandinavians boycott US goods over Trump's Ukraine U-turn / Photo: MARIO TAMA - GETTY IMAGES NORTH AMERICA/AFP/File

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

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.

Text size:

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.

"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 Skane, 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 realised 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.

Svehdal 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, economics professor at the University of Gothenburg.

The effects are generally short-term and have little impact, added Eva Ossiansson, a researcher at University of Gothenburg.

(T.Burkhard--BBZ)