President Donald Trump has announced sweeping new tariffs, including a 15% tariff on Norwegian goods and a 20% tariff on EU imports.

These measures, part of a broader strategy to counter perceived trade imbalances, have sparked global concern.

Norwegian Trade Minister Cecilie Myrseth called the move "critical for Norway," warning of potential impacts on exports and jobs.

Finance Minister Jens Stoltenberg emphasized the need for Norway to strengthen ties with the EU to mitigate the fallout.

The tariffs, which also target Canada, Mexico, and China, are expected to disrupt global markets and could lead to retaliatory measures.

Experts warn of significant economic consequences, with some viewing this as a shift in the global trade order.