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Famagusta Gazette

News From Cyprus

Finnish Exporters Push for EU Retaliation Against U.S. Tariffs

ByFamagusta Gazette

Jul 1, 2025

FAMAGUSTA GAZETTE — More than half of Finnish export companies want the European Union to introduce retaliatory tariffs against the United States, according to a recent survey released by the Finland Chamber of Commerce.

The poll found that 51% of Finnish exporters support countermeasures mirroring U.S. trade restrictions, which they say are placing significant strain on their businesses.

Trade uncertainty is weighing heavily on exporters, with 86% of surveyed companies reporting negative impacts from U.S. policies.

Technology-sector exporters have been hit particularly hard, with new orders nearly grinding to a halt, according to a separate industry survey.

Despite ongoing trade tensions, optimism about export growth has increased. Some 64% of respondents expect exports to rise this year, up from 47% in the same period last year.

Famagusta Gazette