U.S. Chamber Advances Global Engagement Ahead of IMF and World Bank Meetings
As finance ministers and central bank governors gather in Washington D.C. for the IMF and World Bank Annual Meetings (October 13–17), the U.S. Chamber of Commerce is hosting a series of high-level engagements to strengthen dialogue on trade, investment, and sustainable growth. Among them is the Transatlantic Business Works Conference, which underscores the renewed focus on cooperation between the U.S. and Europe.
For Sweden, this comes at a pivotal time. The U.S. Department of Commerce is currently reviewing new Section 232 tariff requests on steel and aluminum derivatives, while a 25% tariff on imported trucks, announced by President Trump, is to take effect November 1. Together with China’s new export controls on rare earths and permanent magnets, key inputs for electric vehicles and advanced manufacturing, these measures could strain Sweden’s automotive, steel, and technology sectors, all of which depend on deeply integrated transatlantic and global supply chains.
The U.S. Senate has also confirmed over 100 new senior officials in international and economic roles, including Joseph Barloon as Deputy U.S. Trade Representative and Jacob Helberg as Under Secretary for Economic Growth, Energy, and the Environment, both central to future trade and energy cooperation with Europe.
AmCham Sweden continues to follow these policy shifts closely, advocating for predictable, open, and sustainable transatlantic trade relations that support Swedish and American businesses alike.