Norway fears a new round of Trump tariffs after negotiations with the US failed to reach a resolution, urging the cancellation of the additional 12.5% ​​tariff.

Norway has warned of the possibility of further tariffs from the United States in the coming months, after already facing a 12.5% ​​tariff increase, higher than the EU's highest at 10%. The salmon industry is already beginning to feel the impact.

On August 20, 2026, at 1:04 PM, Bloomberg News reported that Norway is preparing for the possibility that the Trump administration will impose higher tariffs on Norwegian goods following trade negotiations between officials from both countries in Washington. This comes as Norway faces disadvantageous tariff rates compared to the European Union (EU).

Andreas Kravik, Norway's Deputy Foreign Minister, met with Jeff Goettman, the U.S. Deputy Trade Representative responsible for the region including Europe, on Wednesday to discuss the U.S. imposition of an additional 12.5% ​​tariff on Norwegian exports last month, and the risk of further tariffs.

Kravik stated after the discussions that it is a real possibility that Norway may face even higher taxes, and the government needs to assess the situation realistically.

The United States is currently investigating the EU, Norway, and 14 other countries regarding manufacturing structures and overcapacity, which could lead to additional trade measures.

However, Kravik expects that preliminary results from the investigation will not be released anytime soon. If the US decides to impose additional tariffs, such measures would likely take effect within a few months, but there is still a possibility that the investigation's findings could lead to alternative measures.

Norway, a non-EU member, has called on the United States to lift the additional 12.5% ​​tariffs imposed on most Norwegian goods, arguing that they put Norway at a disadvantage compared to EU goods, which face a maximum tariff of only 10%.

One of the reasons behind the Trump administration's new tariff measures is the U.S. accusation that both Norway and the EU are not doing enough to combat forced labor in their supply chains.

Norway is currently pushing for legislation to address this issue, and the government is preparing to expedite the process of passing and enforcing the law. Kravik stated that Norway is acting in line with the EU, so there is no reason for the United States to treat Norway differently.

Although the United States accounts for only about 3.8% of Norway's total exports, some industries have been significantly impacted by the tariffs, particularly the salmon farming industry, which is one of the country's key export products.

Norway had previously negotiated a tax agreement with the United States last year, but Trump did not sign it. This came amidst the US president's open expression of desire to receive the Nobel Peace Prize, decided by the Nobel Committee in Oslo, which he ultimately did not win.

Reference: bloomberg.com

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