Prime Minister Reinfeldt
economy

Reinfeldt attacks US proposal to limit trade

Swedish Prime Minister Fredrik Reinfeldt has strong criticised US proposals to limit how much of a trade surplus a country is allowed to build up.

"The command economy has not worked on the national level, and this idea, to control prices in different parts of our economy like this, it is just not possible", said the prime minister.

The USA wants to limit a country's export surplus to four per cent. Currently Sweden's trade surplus stands at almost seven per cent.

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