- Har hatt griseflaks
Donald Trumps toll skulle fÄ ned handelsunderskuddet, og utlendingene skulle betale. SÄnn har det ikke gÄtt.
Kort fortalt
Donald Trumps tollpolitikk har ikke redusert USAs handelsunderskudd som planlagt.
HÞyesterett erklÊrte Trumps toll ugyldig, men han innfÞrte umiddelbart en ny global toll pÄ 15 prosent.
Amerikanerne betaler nesten hele tollen, noe som i praksis fungerer som en skatt.
Ăkonomien i USA gĂ„r greit, men tollene har rammet lavinntektsgrupper hardest.
Sammendraget er laget av ChatGPT og godkjent av BĂžrsen.
- To ting har skjedd: Handelsunderskuddet er ikke endret, og utlendingene har ikke betalt, sier sjefĂžkonom Harald Magnus Andreassen i Sparebank 1 Markets, til BĂžrsen.
Tall for 2025, som kom like fÞr helga, viser at Donald Trumps tollregime sÄ langt ikke har lyktes Ä oppnÄ det han Þnsker: Redusere handelsunderskuddet til USA.
Riktignok falt det samlede handelsunderskuddet, som er vare- og tjenestehandel, fra 903 milliarder dollar i 2024 til 901 milliarder dollar i 2025, skriver New York Times.
Tap i retten
Men nedgangen i handelsunderskuddet kan tilskrives Ăžkt overskudd i tjenestehandelen, ikke en forbedring i varehandelen, som er det Trump har brukt som argumentasjon for toll.
Handelsunderskuddet i varehandelen var pÄ rekordhÞye 1240 milliarder dollar, som er en Þkning pÄ 2,1 prosent fra Äret fÞr.
Fredag kom ogsÄ tollavgjÞrelsen fra HÞyesterett som det var knyttet stor spenning til. HÞyesterett fastslo at Trump ikke hadde myndighet til Ä innfÞre tollen, og erklÊrte den ugyldig.
Trump svarte med Ä umiddelbart innfÞre en ny global toll pÄ 15 prosent.
Likevel har altsÄ hans gamle tollregime virket fram til fredag, uten den tiltenkte effekten.
Trump har svÊrt lenge vÊrt Äpen om at han er stor tilhenger av Ä innfÞre toll, som han kaller «det vakreste ordet».
«Jeg foreslÄr toll pÄ andre land som utnytter oss (...) Disse tollene betales av landet som utnytter oss, IKKE AV DEN AMERIKANSKE FORBRUKEREN», skrev Trump pÄ X under valgkampen i 2024.
Men tallenes tale er at det ikke stemmer.
Amerikanere betaler tollen
Andreassen viser til at man kan mÄle hva varer koster nÄr de kommer inn til havner i USA, pÄ en importprisindeks. Tanken var at utlendingene mÄtte kutte prisene, sÄ ble tollen lagt pÄ i USA, og prisen ut i den andre enden - til amerikanske forbrukere - ble den samme.
- Det har ikke skjedd, sier Andreassen, og fortsetter:
- Prisene inn til USA er uendret. Varene som kommer inn pÄ brygga i USA har samme pris, og nÄr de kommer ut av tollageret har de steget med 10-11 prosent. Det er det noen i USA som betaler.
Federal Reserve Bank of New York har ogsÄ regnet ut at amerikanere betaler tett pÄ hele tollen, skriver Reuters. Fra januar til august i fjor betalte amerikanerne 94 prosent av tollen. Mot slutten av Äret falt det til 86 prosent.
Andreassen sier at dette i realiteten er en skatt som amerikanerne mÄ betale, noe som ogsÄ var det HÞyesterett kom fram til. Toll er Ä regne som skatter og avgifter, og dette ligger til Kongressen Ä vedta. Trump kan med andre ord ikke presse gjennom en slik tollÞkning uten Kongressens godkjenning, og dermed ble tollsatsene kjent ugyldige.
- Toll er tull
Andreassen pÄpeker ogsÄ at «alle som regner pÄ det» kommer fram til at tollen rammer dem med lavest inntekt mest.
- De bruker mer penger pÄ varer enn tjenester, og de kjÞper billige importvarer. De har fÄtt en skikkelig smell, sier Andreassen.
Trumps nye globale toll pÄ 15 prosent fÞrer ifÞlge Andreassen til at satsene blir omtrent de samme som fÞr. Litt lavere, men ikke synlig lavere.
- Dermed fortsetter dette tolltullet, med litt andre begrunnelser, sier Andreassen.
- I lys av tallene - hvordan vil du oppsummere Trumps tollpolitikk?
- At toll er tull, som de sier pÄ svensk. Det er vanskelig Ä finne Þkonomer som har tro pÄ toll. Det er fordi det bidrar til at produksjonen blir mindre effektiv. Man handler varene der de blir billigst etter toll, ikke der de er billigst Ä produsere.
- SpektakulĂŠrt
Den amerikanske Þkonomien som helhet gÄr helt ok. I fjor steg bruttonasjonalproduktet med 2,2 prosent.
- Det har ikke vÊrt noe kanonÄr som Trump prÞver Ä si. Det har ikke det. Men Þkonomien er ikke svak, sier Andreassen.
Arbeidsledigheten er lav, mens det som kan gi grunn til Ă„ klage litt er at inntektsutviklingen til amerikanere er litt svak, og at forbruket begynner Ă„ svekkes litt.
- USA har hatt griseflaks. Tollen har rammet dem selv, men de har fÄtt et veldig vekstbidrag i investering i KI, sier Andreassen.
Investering i KI stÄr for rundt halvparten av veksten pÄ 1,1 prosent.
- Det er spektakulÊrt. Det kan vÊre en god nyhet, at man har funnet nye produkter som gir nytte. Men investeringene kan bli for hÞye, alle skal sette i gang samtidig, sÄ smellen kan komme, sier Andreassen, og legger til:
- Risikoen er ikke helt borte, men sÄ langt ser det ut til Ä gÄ helt greit i sum.
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Keywords: nyheter
OpenGraph Title: Trumps «tolltull»: - En skikkelig smell
Article Version History (2 versions)
This article has been updated since it was first fetched. Below are all versions:
Version 2
Current
2026-02-23 17:11:02
- Har hatt griseflaks
UPDATE
Author: Lars Martin Gimse
Published: 2026-02-23 14:48:05
Updated: 2026-02-23 14:48:05
đ Summary
Donald Trumps toll skulle fÄ ned handelsunderskuddet, og utlendingene skulle betale. SÄnn har det ikke gÄtt.
đ Full Content (5098 chars)
Kort fortalt
Donald Trumps tollpolitikk har ikke redusert USAs handelsunderskudd som planlagt.
HÞyesterett erklÊrte Trumps toll ugyldig, men han innfÞrte umiddelbart en ny global toll pÄ 15 prosent.
Amerikanerne betaler nesten hele tollen, noe som i praksis fungerer som en skatt.
Ăkonomien i USA gĂ„r greit, men tollene har rammet lavinntektsgrupper hardest.
Sammendraget er laget av ChatGPT og godkjent av BĂžrsen.
- To ting har skjedd: Handelsunderskuddet er ikke endret, og utlendingene har ikke betalt, sier sjefĂžkonom Harald Magnus Andreassen i Sparebank 1 Markets, til BĂžrsen.
Tall for 2025, som kom like fÞr helga, viser at Donald Trumps tollregime sÄ langt ikke har lyktes Ä oppnÄ det han Þnsker: Redusere handelsunderskuddet til USA.
Riktignok falt det samlede handelsunderskuddet, som er vare- og tjenestehandel, fra 903 milliarder dollar i 2024 til 901 milliarder dollar i 2025, skriver New York Times.
Tap i retten
Men nedgangen i handelsunderskuddet kan tilskrives Ăžkt overskudd i tjenestehandelen, ikke en forbedring i varehandelen, som er det Trump har brukt som argumentasjon for toll.
Handelsunderskuddet i varehandelen var pÄ rekordhÞye 1240 milliarder dollar, som er en Þkning pÄ 2,1 prosent fra Äret fÞr.
Fredag kom ogsÄ tollavgjÞrelsen fra HÞyesterett som det var knyttet stor spenning til. HÞyesterett fastslo at Trump ikke hadde myndighet til Ä innfÞre tollen, og erklÊrte den ugyldig.
Trump svarte med Ä umiddelbart innfÞre en ny global toll pÄ 15 prosent.
Likevel har altsÄ hans gamle tollregime virket fram til fredag, uten den tiltenkte effekten.
Trump har svÊrt lenge vÊrt Äpen om at han er stor tilhenger av Ä innfÞre toll, som han kaller «det vakreste ordet».
«Jeg foreslÄr toll pÄ andre land som utnytter oss (...) Disse tollene betales av landet som utnytter oss, IKKE AV DEN AMERIKANSKE FORBRUKEREN», skrev Trump pÄ X under valgkampen i 2024.
Men tallenes tale er at det ikke stemmer.
Amerikanere betaler tollen
Andreassen viser til at man kan mÄle hva varer koster nÄr de kommer inn til havner i USA, pÄ en importprisindeks. Tanken var at utlendingene mÄtte kutte prisene, sÄ ble tollen lagt pÄ i USA, og prisen ut i den andre enden - til amerikanske forbrukere - ble den samme.
- Det har ikke skjedd, sier Andreassen, og fortsetter:
- Prisene inn til USA er uendret. Varene som kommer inn pÄ brygga i USA har samme pris, og nÄr de kommer ut av tollageret har de steget med 10-11 prosent. Det er det noen i USA som betaler.
Federal Reserve Bank of New York har ogsÄ regnet ut at amerikanere betaler tett pÄ hele tollen, skriver Reuters. Fra januar til august i fjor betalte amerikanerne 94 prosent av tollen. Mot slutten av Äret falt det til 86 prosent.
Andreassen sier at dette i realiteten er en skatt som amerikanerne mÄ betale, noe som ogsÄ var det HÞyesterett kom fram til. Toll er Ä regne som skatter og avgifter, og dette ligger til Kongressen Ä vedta. Trump kan med andre ord ikke presse gjennom en slik tollÞkning uten Kongressens godkjenning, og dermed ble tollsatsene kjent ugyldige.
- Toll er tull
Andreassen pÄpeker ogsÄ at «alle som regner pÄ det» kommer fram til at tollen rammer dem med lavest inntekt mest.
- De bruker mer penger pÄ varer enn tjenester, og de kjÞper billige importvarer. De har fÄtt en skikkelig smell, sier Andreassen.
Trumps nye globale toll pÄ 15 prosent fÞrer ifÞlge Andreassen til at satsene blir omtrent de samme som fÞr. Litt lavere, men ikke synlig lavere.
- Dermed fortsetter dette tolltullet, med litt andre begrunnelser, sier Andreassen.
- I lys av tallene - hvordan vil du oppsummere Trumps tollpolitikk?
- At toll er tull, som de sier pÄ svensk. Det er vanskelig Ä finne Þkonomer som har tro pÄ toll. Det er fordi det bidrar til at produksjonen blir mindre effektiv. Man handler varene der de blir billigst etter toll, ikke der de er billigst Ä produsere.
- SpektakulĂŠrt
Den amerikanske Þkonomien som helhet gÄr helt ok. I fjor steg bruttonasjonalproduktet med 2,2 prosent.
- Det har ikke vÊrt noe kanonÄr som Trump prÞver Ä si. Det har ikke det. Men Þkonomien er ikke svak, sier Andreassen.
Arbeidsledigheten er lav, mens det som kan gi grunn til Ă„ klage litt er at inntektsutviklingen til amerikanere er litt svak, og at forbruket begynner Ă„ svekkes litt.
- USA har hatt griseflaks. Tollen har rammet dem selv, men de har fÄtt et veldig vekstbidrag i investering i KI, sier Andreassen.
Investering i KI stÄr for rundt halvparten av veksten pÄ 1,1 prosent.
- Det er spektakulÊrt. Det kan vÊre en god nyhet, at man har funnet nye produkter som gir nytte. Men investeringene kan bli for hÞye, alle skal sette i gang samtidig, sÄ smellen kan komme, sier Andreassen, og legger til:
- Risikoen er ikke helt borte, men sÄ langt ser det ut til Ä gÄ helt greit i sum.
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Keywords: nyheter
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"description" : "Donald Trumps toll skulle fÄ ned handelsunderskuddet, og utlendingene skulle betale. SÄnn har det ikke gÄtt.",
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"title" : "Trumps «tolltull»: - En skikkelig smell",
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"content" : "## Kort fortalt\n\nDonald Trumps tollpolitikk har ikke redusert USAs handelsunderskudd som planlagt.\n\nHĂžyesterett erklĂŠrte Trumps toll ugyldig, men han innfĂžrte umiddelbart en ny global toll pĂ„ 15 prosent.\n\nAmerikanerne betaler nesten hele tollen, noe som i praksis fungerer som en skatt.\n\nĂkonomien i USA gĂ„r greit, men tollene har rammet lavinntektsgrupper hardest.\n\nSammendraget er laget av ChatGPT og godkjent av BĂžrsen.\n\n\\- To ting har skjedd: Handelsunderskuddet er ikke endret, og utlendingene har ikke betalt, sier sjefĂžkonom Harald Magnus Andreassen i Sparebank 1 Markets, til BĂžrsen.\n\nTall for 2025, som kom like fĂžr helga, viser at Donald Trumps tollregime sĂ„ langt ikke har lyktes Ă„ oppnĂ„ det han Ăžnsker: Redusere handelsunderskuddet til USA.\n\nRiktignok falt det samlede handelsunderskuddet, som er vare\\- og tjenestehandel, fra 903 milliarder dollar i 2024 til 901 milliarder dollar i 2025, skriver [New York Times. ](https://www.nytimes.com/2026/02/19/business/economy/imports-tariffs-trade-deficit.html)\n\n### Tap i retten\n\nMen nedgangen i handelsunderskuddet kan tilskrives Ăžkt overskudd i tjenestehandelen, ikke en forbedring i varehandelen, som er det Trump har brukt som argumentasjon for toll.\n\nHandelsunderskuddet i varehandelen var pĂ„ rekordhĂžye 1240 milliarder dollar, som er en Ăžkning pĂ„ 2,1 prosent fra Ă„ret fĂžr.\n\nFredag kom ogsĂ„ tollavgjĂžrelsen fra HĂžyesterett som det var knyttet stor spenning til. HĂžyesterett fastslo at Trump ikke hadde myndighet til Ă„ innfĂžre tollen, og erklĂŠrte den ugyldig.\n\nTrump svarte med Ă„ umiddelbart innfĂžre en ny global toll pĂ„ 15 prosent.\n\nLikevel har altsĂ„ hans gamle tollregime virket fram til fredag, uten den tiltenkte effekten.\n\nTrump har svĂŠrt lenge vĂŠrt Ă„pen om at han er stor tilhenger av Ă„ innfĂžre toll, som han kaller «det vakreste ordet».\n\n«Jeg foreslĂ„r toll pĂ„ andre land som utnytter oss \\(...\\) Disse tollene betales av landet som utnytter oss, IKKE AV DEN AMERIKANSKE FORBRUKEREN», skrev Trump pĂ„ [X ](https://x.com/TrumpDailyPosts/status/1849542470582902854)under valgkampen i 2024.\n\nMen tallenes tale er at det ikke stemmer.\n\n### Amerikanere betaler tollen\n\nAndreassen viser til at man kan mĂ„le hva varer koster nĂ„r de kommer inn til havner i USA, pĂ„ en importprisindeks. Tanken var at utlendingene mĂ„tte kutte prisene, sĂ„ ble tollen lagt pĂ„ i USA, og prisen ut i den andre enden \\- til amerikanske forbrukere \\- ble den samme.\n\n\\- Det har ikke skjedd, sier Andreassen, og fortsetter:\n\n\\- Prisene inn til USA er uendret. Varene som kommer inn pĂ„ brygga i USA har samme pris, og nĂ„r de kommer ut av tollageret har de steget med 10\\-11 prosent. Det er det noen i USA som betaler.\n\nFederal Reserve Bank of New York har ogsĂ„ regnet ut at amerikanere betaler tett pĂ„ hele tollen, skriver [Reuters](https://www.reuters.com/world/us/ny-fed-report-says-americans-pay-almost-all-trumps-tariffs-2026-02-12/?utm_source=chatgpt.com). Fra januar til august i fjor betalte amerikanerne 94 prosent av tollen. Mot slutten av Ă„ret falt det til 86 prosent.\n\nAndreassen sier at dette i realiteten er en skatt som amerikanerne mĂ„ betale, noe som ogsĂ„ var det HĂžyesterett kom fram til. Toll er Ă„ regne som skatter og avgifter, og dette ligger til Kongressen Ă„ vedta. Trump kan med andre ord ikke presse gjennom en slik tollĂžkning uten Kongressens godkjenning, og dermed ble tollsatsene kjent ugyldige.\n\n### \\- Toll er tull\n\nAndreassen pĂ„peker ogsĂ„ at «alle som regner pĂ„ det» kommer fram til at tollen rammer dem med lavest inntekt mest.\n\n\\- De bruker mer penger pĂ„ varer enn tjenester, og de kjĂžper billige importvarer. De har fĂ„tt en skikkelig smell, sier Andreassen.\n\nTrumps nye globale toll pĂ„ 15 prosent fĂžrer ifĂžlge Andreassen til at satsene blir omtrent de samme som fĂžr. Litt lavere, men ikke synlig lavere.\n\n\\- Dermed fortsetter dette tolltullet, med litt andre begrunnelser, sier Andreassen.\n\n\\- I lys av tallene \\- hvordan vil du oppsummere Trumps tollpolitikk?\n\n\\- At toll er tull, som de sier pĂ„ svensk. Det er vanskelig Ă„ finne Ăžkonomer som har tro pĂ„ toll. Det er fordi det bidrar til at produksjonen blir mindre effektiv. Man handler varene der de blir billigst etter toll, ikke der de er billigst Ă„ produsere.\n\n### \\- SpektakulĂŠrt\n\nDen amerikanske Ăžkonomien som helhet gĂ„r helt ok. I fjor steg bruttonasjonalproduktet med 2,2 prosent.\n\n\\- Det har ikke vĂŠrt noe kanonĂ„r som Trump prĂžver Ă„ si. Det har ikke det. Men Ăžkonomien er ikke svak, sier Andreassen.\n\nArbeidsledigheten er lav, mens det som kan gi grunn til Ă„ klage litt er at inntektsutviklingen til amerikanere er litt svak, og at forbruket begynner Ă„ svekkes litt.\n\n\\- USA har hatt griseflaks. Tollen har rammet dem selv, men de har fĂ„tt et veldig vekstbidrag i investering i KI, sier Andreassen.\n\nInvestering i KI stĂ„r for rundt halvparten av veksten pĂ„ 1,1 prosent.\n\n\\- Det er spektakulĂŠrt. Det kan vĂŠre en god nyhet, at man har funnet nye produkter som gir nytte. Men investeringene kan bli for hĂžye, alle skal sette i gang samtidig, sĂ„ smellen kan komme, sier Andreassen, og legger til:\n\n\\- Risikoen er ikke helt borte, men sĂ„ langt ser det ut til Ă„ gĂ„ helt greit i sum.",
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<h1 class="headline mainTitle t84" style=""><span class="t119 tm45" data-lab-text_size_desktop="119" data-lab-text_size_mobile="45">Trumps «tolltull»:</span> <span class="t102 tm39" data-lab-text_size_desktop="102" data-lab-text_size_mobile="39">- En skikkelig smell</span></h1>
<h2 class="subtitle " style="">Donald Trumps toll skulle fÄ ned handelsunderskuddet, og utlendingene skulle betale. SÄnn har det ikke gÄtt.</h2>
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<figcaption class="" itemprop="caption">ELSKER TOLL: Donald Trump er veldig glad i Ä bruke toll. Fredag gikk han pÄ et tap i HÞyesterett, der tollsatsene hans ble kjent ugydlig. Trump svarte med Ä innfÞre en ny, global toll. Foto: Kevin Lamarque / Retuers / NTB</figcaption>
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<p lang="nb-NO">Donald Trumps tollpolitikk har ikke redusert USAs handelsunderskudd som planlagt.</p><p lang="nb-NO">HĂžyesterett erklĂŠrte Trumps toll ugyldig, men han innfĂžrte umiddelbart en ny global toll pĂ„ 15 prosent.</p><p lang="nb-NO">Amerikanerne betaler nesten hele tollen, noe som i praksis fungerer som en skatt.</p><p lang="nb-NO">Ăkonomien i USA gĂ„r greit, men tollene har rammet lavinntektsgrupper hardest.</p><p class="italic ai-disclaimer" data-lab-italic="italic">Sammendraget er laget av ChatGPT og godkjent av BĂžrsen.</p>
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<p class="font-weight-bold m-font-weight-bold" data-lab-font_weight="font-weight-bold">- To ting har skjedd: Handelsunderskuddet er ikke endret, og utlendingene har ikke betalt, sier sjefĂžkonom Harald Magnus Andreassen i Sparebank 1 Markets, til BĂžrsen.</p>
<p>Tall for 2025, som kom like fÞr helga, viser at Donald Trumps tollregime sÄ langt ikke har lyktes Ä oppnÄ det han Þnsker: Redusere handelsunderskuddet til USA.</p>
<p>Riktignok falt det samlede handelsunderskuddet, som er vare- og tjenestehandel, fra 903 milliarder dollar i 2024 til 901 milliarder dollar i 2025, skriver <a href="https://www.nytimes.com/2026/02/19/business/economy/imports-tariffs-trade-deficit.html">New York Times. </a></p><article class=" small-12 large-12 medium-12 small-abs-12 large-abs-12 preview-link " data-element-guid="508b9b8f-1383-45a6-99b1-b27951207a6d" data-instance="84275787" data-section="nyheter" data-site-alias="borsen">
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<h3 class="headline">EU tar tollgrep</h3>
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<h3>Tap i retten</h3>
<div class="row xrow flex-initial"><article class="column preview columns xavier-preview small-12 medium-12 large-12 native-advertisement" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/annonsorinnhold/v/borsen/experience-oman/vi-har-aldri-opplevd-noe-lignende/11143070/"><div class="content-marketing-ribbon"><h3>AnnonsĂžrinnhold</h3><img alt=" logo" class="lazyload" data-src="https://www.dagbladet.no/files/2025/10/28/Omanlogo1.jpg" loading="lazy"></div><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/84248811.jpg?imageId=84248811&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&compression=70&format=webp&width=980&height=490 1.0x, https://borsen.dagbladet.no/images/84248811.jpg?imageId=84248811&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&compression=70&format=webp&width=1470&height=735 1.5x, https://borsen.dagbladet.no/images/84248811.jpg?imageId=84248811&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&compression=70&format=webp&width=1960&height=980 2.0x" type="image/webp"><img alt="Illustrasjon: â Vi har bare sett slikt fĂžr pĂ„ bilder" fetchpriority="high" height="490" loading="eager" src="https://borsen.dagbladet.no/images/84248811.jpg?imageId=84248811&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="980"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:3.14em;--xcs-headline-size-md:5.48rem;--xcs-headline-size-lg:5.48rem">â Vi har bare sett</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:3.25em;--xcs-headline-size-md:5.67rem;--xcs-headline-size-lg:5.67rem">slikt fĂžr pĂ„ bilder</span></h2></a></div></article></div>
<p>Men nedgangen i handelsunderskuddet kan tilskrives Ăžkt overskudd i tjenestehandelen, ikke en forbedring i varehandelen, som er det Trump har brukt som argumentasjon for toll.</p>
<p>Handelsunderskuddet i varehandelen var pÄ rekordhÞye 1240 milliarder dollar, som er en Þkning pÄ 2,1 prosent fra Äret fÞr. </p>
<p>Fredag kom ogsÄ tollavgjÞrelsen fra HÞyesterett som det var knyttet stor spenning til. HÞyesterett fastslo at Trump ikke hadde myndighet til Ä innfÞre tollen, og erklÊrte den ugyldig.</p>
<p>Trump svarte med Ä umiddelbart innfÞre en ny global toll pÄ 15 prosent.</p>
<p>Likevel har altsÄ hans gamle tollregime virket fram til fredag, uten den tiltenkte effekten.</p>
<p>Trump har svÊrt lenge vÊrt Äpen om at han er stor tilhenger av Ä innfÞre toll, som han kaller «det vakreste ordet».</p>
<p class="font-weight-bold m-font-weight-bold" data-lab-font_weight="font-weight-bold">«Jeg foreslÄr toll pÄ andre land som utnytter oss (...) Disse tollene betales av landet som utnytter oss, IKKE AV DEN AMERIKANSKE FORBRUKEREN», skrev Trump pÄ <a href="https://x.com/TrumpDailyPosts/status/1849542470582902854">X </a>under valgkampen i 2024.</p>
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<p>Men tallenes tale er at det ikke stemmer.</p><article class=" small-12 large-12 medium-12 small-abs-12 large-abs-12 preview-link " data-element-guid="dbf0eb93-7cdb-4bec-9d20-60bfc792b903" data-instance="84270677" data-section="nyheter" data-site-alias="borsen">
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<h3 class="headline">Ăker tollsatsen igjen: - Uroen fortsetter</h3>
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<h3>Amerikanere betaler tollen</h3>
<p>Andreassen viser til at man kan mÄle hva varer koster nÄr de kommer inn til havner i USA, pÄ en importprisindeks. Tanken var at utlendingene mÄtte kutte prisene, sÄ ble tollen lagt pÄ i USA, og prisen ut i den andre enden - til amerikanske forbrukere - ble den samme.</p>
<p>- Det har ikke skjedd, sier Andreassen, og fortsetter:</p>
<p class="font-weight-bold m-font-weight-bold" data-lab-font_weight="font-weight-bold">- Prisene inn til USA er uendret. Varene som kommer inn pÄ brygga i USA har samme pris, og nÄr de kommer ut av tollageret har de steget med 10-11 prosent. Det er det noen i USA som betaler.</p>
<div class="row xrow flex-initial"><article class="column preview columns xavier-preview small-12 medium-12 large-12 native-advertisement" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/annonsorinnhold/v/borsen/xpeng/11143064/"><div class="content-marketing-ribbon"><h3>AnnonsĂžrinnhold</h3><img alt=" logo" class="lazyload" data-src="https://www.dagbladet.no/files/2024/02/15/xpeng-logo-2021-2.png" loading="lazy"></div><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><video autoplay class="xre-moving-image" disableremoteplayback height="490" loop muted playsinline poster="https://borsen.dagbladet.no/images/84267374.jpg?imageId=84267374&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&width=980&height=490&compression=70&format=webp" preload="none" src="https://snipp.dbstatic.no/2026/02/23/6a60c900-bb53-425d-9f6d-b9d148504be4/videoplugg_soelve.mp4" style="background: url('https://borsen.dagbladet.no/images/84267374.jpg?imageId=84267374&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&width=980&height=490&compression=70&format=webp') 50% 50% / cover no-repeat;position:relative;object-fit:cover;width:100%;height:100%" title="Illustrasjon: Slik gikk det med elbilen i 40 minus" width="980"><source src="https://snipp.dbstatic.no/2026/02/23/6a60c900-bb53-425d-9f6d-b9d148504be4/videoplugg_soelve.mp4" type="video/mp4"><source src="https://snipp.dbstatic.no/2026/02/23/6a60c900-bb53-425d-9f6d-b9d148504be4/videoplugg_soelve.webm" type="video/webm"></video></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:3.25em;--xcs-headline-size-md:5.66rem;--xcs-headline-size-lg:5.66rem">Slik gikk det med</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:3.13em;--xcs-headline-size-md:5.46rem;--xcs-headline-size-lg:5.46rem">elbilen i 40 minus</span></h2></a></div></article></div>
<p>Federal Reserve Bank of New York har ogsÄ regnet ut at amerikanere betaler tett pÄ hele tollen, skriver <a href="https://www.reuters.com/world/us/ny-fed-report-says-americans-pay-almost-all-trumps-tariffs-2026-02-12/?utm_source=chatgpt.com">Reuters</a>. Fra januar til august i fjor betalte amerikanerne 94 prosent av tollen. Mot slutten av Äret falt det til 86 prosent.</p>
<p>Andreassen sier at dette i realiteten er en skatt som amerikanerne mÄ betale, noe som ogsÄ var det HÞyesterett kom fram til. Toll er Ä regne som skatter og avgifter, og dette ligger til Kongressen Ä vedta. Trump kan med andre ord ikke presse gjennom en slik tollÞkning uten Kongressens godkjenning, og dermed ble tollsatsene kjent ugyldige.</p><article class=" small-12 large-12 medium-12 small-abs-12 large-abs-12 preview-link " data-element-guid="fc838235-1d45-4635-b8a0-db0919827f1c" data-instance="84269244" data-section="nyheter" data-site-alias="borsen">
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<h3 class="headline">Varsler mareritt: - Blir kaos</h3>
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<h3>- Toll er tull</h3>
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<p>Andreassen pÄpeker ogsÄ at «alle som regner pÄ det» kommer fram til at tollen rammer dem med lavest inntekt mest.</p>
<p class="font-weight-bold m-font-weight-bold" data-lab-font_weight="font-weight-bold">- De bruker mer penger pÄ varer enn tjenester, og de kjÞper billige importvarer. De har fÄtt en skikkelig smell, sier Andreassen.</p>
<p>Trumps nye globale toll pÄ 15 prosent fÞrer ifÞlge Andreassen til at satsene blir omtrent de samme som fÞr. Litt lavere, men ikke synlig lavere.</p>
<p>- Dermed fortsetter dette tolltullet, med litt andre begrunnelser, sier Andreassen.</p>
<p class="italic m-italic" data-lab-italic="italic">- I lys av tallene - hvordan vil du oppsummere Trumps tollpolitikk?</p>
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<p>- At toll er tull, som de sier pÄ svensk. Det er vanskelig Ä finne Þkonomer som har tro pÄ toll. Det er fordi det bidrar til at produksjonen blir mindre effektiv. Man handler varene der de blir billigst etter toll, ikke der de er billigst Ä produsere.</p><article class=" small-12 large-12 medium-12 small-abs-12 large-abs-12 preview-link " data-element-guid="39e2dc25-07bd-4926-b1b6-94870c18a622" data-instance="84269372" data-section="nyheter" data-site-alias="borsen">
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<h3>- SpektakulĂŠrt</h3>
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<p>Den amerikanske Þkonomien som helhet gÄr helt ok. I fjor steg bruttonasjonalproduktet med 2,2 prosent.</p>
<p>- Det har ikke vÊrt noe kanonÄr som Trump prÞver Ä si. Det har ikke det. Men Þkonomien er ikke svak, sier Andreassen.</p>
<p>Arbeidsledigheten er lav, mens det som kan gi grunn til Ă„ klage litt er at inntektsutviklingen til amerikanere er litt svak, og at forbruket begynner Ă„ svekkes litt.</p>
<p class="font-weight-bold m-font-weight-bold" data-lab-font_weight="font-weight-bold">- USA har hatt griseflaks. Tollen har rammet dem selv, men de har fÄtt et veldig vekstbidrag i investering i KI, sier Andreassen.</p>
<p>Investering i KI stÄr for rundt halvparten av veksten pÄ 1,1 prosent.</p>
<p>- Det er spektakulÊrt. Det kan vÊre en god nyhet, at man har funnet nye produkter som gir nytte. Men investeringene kan bli for hÞye, alle skal sette i gang samtidig, sÄ smellen kan komme, sier Andreassen, og legger til:</p>
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<p>- Risikoen er ikke helt borte, men sÄ langt ser det ut til Ä gÄ helt greit i sum.</p>
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<div class="row xrow flex-initial"><div class="adunit-wrapper track-element column small-8 medium-8 large-8" data-from="xavier" id="apos-netboardB1"><div class="adunit GoogleActiveViewElement small-580x500 medium-580x500 large-580x500" data-collapse="false" data-expand="false" data-load-on="view" data-out-of-page="false" data-sizes="[[580,400],[580,500],"fluid"]" data-slot="/8578/borsen/seksjoner/nyheter/artikkel" id="ad-netboardB1" itemscope itemtype="https://schema.org/WPAdBlock" json="{"targeting":{"pos":"netboardB1","platform":"wolverine"}}"></div></div><div class="xavier columns small-4 medium-4 large-4"><div class="row xrow flex-column"><article class="column preview columns xavier-preview small-12 medium-12 large-12" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/advarer-vesten-vil-bli-eliminert/84250152"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84250174&panow=84&panoh=57.33&panox=5.78&panoy=6.02&heightw=43.33&heighth=100&heighty=0&heightx=19.33&compression=70&format=webp&width=320&height=160 1.0x, https://borsen.dagbladet.no/images/?imageId=84250174&panow=84&panoh=57.33&panox=5.78&panoy=6.02&heightw=43.33&heighth=100&heighty=0&heightx=19.33&compression=70&format=webp&width=480&height=240 1.5x, https://borsen.dagbladet.no/images/?imageId=84250174&panow=84&panoh=57.33&panox=5.78&panoy=6.02&heightw=43.33&heighth=100&heighty=0&heightx=19.33&compression=70&format=webp&width=640&height=320 2.0x" type="image/webp"><img alt="Illustrasjon: Ut mot Vesten: - Tester grensene for vĂ„r tĂ„lmodighet" fetchpriority="high" height="160" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84250174&panow=84&panoh=57.33&panox=5.78&panoy=6.02&heightw=43.33&heighth=100&heighty=0&heightx=19.33" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="320"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.16em;--xcs-headline-size-md:3.63em;--xcs-headline-size-lg:3.63rem">Ut mot Vesten:</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:0.95em;--xcs-headline-size-md:2.99em;--xcs-headline-size-lg:2.99rem">- Tester grensene</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:0.87em;--xcs-headline-size-md:2.74em;--xcs-headline-size-lg:2.74rem">for vĂ„r tĂ„lmodighet</span></h2></a></div></article><article class="column preview columns xavier-preview small-12 medium-12 large-12" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/forlot-middag-hamret-los/84271645"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84271651&panow=100&panoh=100&panox=0&panoy=0&heightx=0&heighty=0&heighth=100&heightw=100&compression=70&format=webp&width=320&height=160 1.0x, https://borsen.dagbladet.no/images/?imageId=84271651&panow=100&panoh=100&panox=0&panoy=0&heightx=0&heighty=0&heighth=100&heightw=100&compression=70&format=webp&width=480&height=240 1.5x, https://borsen.dagbladet.no/images/?imageId=84271651&panow=100&panoh=100&panox=0&panoy=0&heightx=0&heighty=0&heighth=100&heightw=100&compression=70&format=webp&width=640&height=320 2.0x" type="image/webp"><img alt="Illustrasjon: AvslĂžrer Davos-drama: - Ble for mye" fetchpriority="high" height="160" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84271651&panow=100&panoh=100&panox=0&panoy=0&heightx=0&heighty=0&heighth=100&heightw=100" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="320"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:0.75em;--xcs-headline-size-md:2.34em;--xcs-headline-size-lg:2.34rem">AvslĂžrer Davos-drama:</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.31em;--xcs-headline-size-md:4.11em;--xcs-headline-size-lg:4.11rem">- Ble for mye</span></h2></a></div></article></div></div></div><div class="row xrow flex-initial"><article class="column preview columns xavier-preview small-6 medium-6 large-6" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/varsler-mareritt-blir-kaos/84269244"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:52.48%;aspect-ratio:1.91"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84269585&panox=0&panow=100&panoh=71.67&panoy=0.83&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=484&height=254 1.0x, https://borsen.dagbladet.no/images/?imageId=84269585&panox=0&panow=100&panoh=71.67&panoy=0.83&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=726&height=381 1.5x, https://borsen.dagbladet.no/images/?imageId=84269585&panox=0&panow=100&panoh=71.67&panoy=0.83&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=968&height=508 2.0x" type="image/webp"><img alt="Illustrasjon: Varsler mareritt: - Blir kaos" fetchpriority="high" height="254" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84269585&panox=0&panow=100&panoh=71.67&panoy=0.83&heighty=0&heightx=0&heightw=100&heighth=100" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="484"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.70em;--xcs-headline-size-md:4.96em;--xcs-headline-size-lg:4.96rem">Varsler mareritt:</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:2.74em;--xcs-headline-size-md:8.01em;--xcs-headline-size-lg:8.01rem">- Blir kaos</span></h2></a></div></article><article class="column preview columns xavier-preview small-6 medium-6 large-6" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/trodde-han-skulle-eksplodere/84268885"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84268925&panow=88&panoy=13.75&panoh=67.89&panox=12&heightw=38.1&heighth=100&heightx=46.33&heighty=0&compression=70&format=webp&width=484&height=242 1.0x, https://borsen.dagbladet.no/images/?imageId=84268925&panow=88&panoy=13.75&panoh=67.89&panox=12&heightw=38.1&heighth=100&heightx=46.33&heighty=0&compression=70&format=webp&width=726&height=363 1.5x, https://borsen.dagbladet.no/images/?imageId=84268925&panow=88&panoy=13.75&panoh=67.89&panox=12&heightw=38.1&heighth=100&heightx=46.33&heighty=0&compression=70&format=webp&width=968&height=484 2.0x" type="image/webp"><img alt="Illustrasjon: Fikk tollbomba pĂ„ lapp: - Trodde han skulle eksplodere" fetchpriority="high" height="242" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84268925&panow=88&panoy=13.75&panoh=67.89&panox=12&heightw=38.1&heighth=100&heightx=46.33&heighty=0" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="484"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.57em;--xcs-headline-size-md:4.60em;--xcs-headline-size-lg:4.60rem">Fikk tollbomba pĂ„</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.54em;--xcs-headline-size-md:4.50em;--xcs-headline-size-lg:4.50rem">lapp: - Trodde han</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.58em;--xcs-headline-size-md:4.64em;--xcs-headline-size-lg:4.64rem">skulle eksplodere</span></h2></a></div></article></div><div class="row xrow flex-initial"><article class="column preview columns xavier-preview small-5 medium-5 large-5" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/eu-tar-tollgrep/84275787"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84275762&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightw=100&heighth=100&heightx=0&compression=70&format=webp&width=402&height=201 1.0x, https://borsen.dagbladet.no/images/?imageId=84275762&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightw=100&heighth=100&heightx=0&compression=70&format=webp&width=603&height=302 1.5x, https://borsen.dagbladet.no/images/?imageId=84275762&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightw=100&heighth=100&heightx=0&compression=70&format=webp&width=804&height=402 2.0x" type="image/webp"><img alt="Illustrasjon: EU tar tollgrep" fetchpriority="high" height="201" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84275762&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightw=100&heighth=100&heightx=0" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="402"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:3.63em;--xcs-headline-size-md:10.90em;--xcs-headline-size-lg:10.90rem">EU tar</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:2.91em;--xcs-headline-size-md:8.73em;--xcs-headline-size-lg:8.73rem">tollgrep</span></h2></a></div></article><article class="column preview columns xavier-preview small-7 medium-7 large-7" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/kjoper-stadig-mer-av-usas-gjeld/84165013"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:55.93%;aspect-ratio:1.79"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84165018&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=565&height=316 1.0x, https://borsen.dagbladet.no/images/?imageId=84165018&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=848&height=474 1.5x, https://borsen.dagbladet.no/images/?imageId=84165018&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=1130&height=632 2.0x" type="image/webp"><img alt="Illustrasjon: KjĂžper stadig mer av USAs gjeld" fetchpriority="high" height="316" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84165018&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="565"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.87em;--xcs-headline-size-md:5.38em;--xcs-headline-size-lg:5.38rem">KjĂžper stadig mer</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:2.45em;--xcs-headline-size-md:7.04em;--xcs-headline-size-lg:7.04rem">av USAs gjeld</span></h2></a></div></article></div><div class="row xrow flex-initial"><div class="adunit-wrapper track-element column small-8 medium-8 large-8" data-from="xavier" id="apos-netboardB2"><div class="adunit GoogleActiveViewElement small-580x500 medium-580x500 large-580x500" data-collapse="false" data-expand="false" data-load-on="view" data-out-of-page="false" data-sizes="[[580,400],[580,500],"fluid"]" data-slot="/8578/borsen/seksjoner/nyheter/artikkel" id="ad-netboardB2" itemscope itemtype="https://schema.org/WPAdBlock" json="{"targeting":{"pos":"netboardB2","platform":"wolverine"}}"></div></div><div class="xavier columns small-4 medium-4 large-4"><div class="row xrow flex-column"><article class="column preview columns xavier-preview small-12 medium-12 large-12" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/usa-vi-har-kontroll/84067434"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84067462&panox=0&panoy=30.54&panoh=63.55&panow=100&heighty=0&heightx=6.09&heightw=46.67&heighth=100&compression=70&format=webp&width=320&height=160 1.0x, https://borsen.dagbladet.no/images/?imageId=84067462&panox=0&panoy=30.54&panoh=63.55&panow=100&heighty=0&heightx=6.09&heightw=46.67&heighth=100&compression=70&format=webp&width=480&height=240 1.5x, https://borsen.dagbladet.no/images/?imageId=84067462&panox=0&panoy=30.54&panoh=63.55&panow=100&heighty=0&heightx=6.09&heightw=46.67&heighth=100&compression=70&format=webp&width=640&height=320 2.0x" type="image/webp"><img alt="Illustrasjon: NĂ
: Dramatisk utvikling" fetchpriority="high" height="160" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84067462&panox=0&panoy=30.54&panoh=63.55&panow=100&heighty=0&heightx=6.09&heightw=46.67&heighth=100" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="320"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.18em;--xcs-headline-size-md:3.69em;--xcs-headline-size-lg:3.69rem">NĂ
: Dramatisk</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.97em;--xcs-headline-size-md:6.17em;--xcs-headline-size-lg:6.17rem">utvikling</span></h2></a></div></article><article class="column preview columns xavier-preview small-12 medium-12 large-12" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/slakter-trump-en-logner/84109818"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84109856&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighty=0&heightx=0&heighth=100&compression=70&format=webp&width=320&height=160 1.0x, https://borsen.dagbladet.no/images/?imageId=84109856&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighty=0&heightx=0&heighth=100&compression=70&format=webp&width=480&height=240 1.5x, https://borsen.dagbladet.no/images/?imageId=84109856&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighty=0&heightx=0&heighth=100&compression=70&format=webp&width=640&height=320 2.0x" type="image/webp"><img alt="Illustrasjon: Slakter Trump: - En lĂžgner" fetchpriority="high" height="160" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84109856&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighty=0&heightx=0&heighth=100" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="320"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.13em;--xcs-headline-size-md:3.55em;--xcs-headline-size-lg:3.55rem">Slakter Trump:</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.56em;--xcs-headline-size-md:4.87em;--xcs-headline-size-lg:4.87rem">- En lĂžgner</span></h2></a></div></article></div></div></div><div class="row xrow flex-initial"><article class="column preview columns xavier-preview small-6 medium-6 large-6" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/har-tatt-kontroll-apenbart-brudd/84095367"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:76.03%;aspect-ratio:1.32"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84095387&panow=100&panoh=100&panoy=0&panox=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=484&height=368 1.0x, https://borsen.dagbladet.no/images/?imageId=84095387&panow=100&panoh=100&panoy=0&panox=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=726&height=552 1.5x, https://borsen.dagbladet.no/images/?imageId=84095387&panow=100&panoh=100&panoy=0&panox=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=968&height=736 2.0x" type="image/webp"><img alt="Illustrasjon: Har tatt kontroll: - Ă
penbart brudd" fetchpriority="high" height="368" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84095387&panow=100&panoh=100&panoy=0&panox=0&heighty=0&heightx=0&heightw=100&heighth=100" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="484"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.68em;--xcs-headline-size-md:4.90em;--xcs-headline-size-lg:4.90rem">Har tatt kontroll:</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.66em;--xcs-headline-size-md:4.85em;--xcs-headline-size-lg:4.85rem">- Ă
penbart brudd</span></h2></a></div></article><article class="column preview columns xavier-preview small-6 medium-6 large-6" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/starten-pa-slutten/84112841"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84113086&panoy=0&panox=0&panow=100&panoh=100&heightx=0&heightw=100&heighth=100&heighty=0&compression=70&format=webp&width=484&height=242 1.0x, https://borsen.dagbladet.no/images/?imageId=84113086&panoy=0&panox=0&panow=100&panoh=100&heightx=0&heightw=100&heighth=100&heighty=0&compression=70&format=webp&width=726&height=363 1.5x, https://borsen.dagbladet.no/images/?imageId=84113086&panoy=0&panox=0&panow=100&panoh=100&heightx=0&heightw=100&heighth=100&heighty=0&compression=70&format=webp&width=968&height=484 2.0x" type="image/webp"><img alt="Illustrasjon: - Starten pÄ slutten" fetchpriority="high" height="242" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84113086&panoy=0&panox=0&panow=100&panoh=100&heightx=0&heightw=100&heighth=100&heighty=0" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="484"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:3.24em;--xcs-headline-size-md:9.48em;--xcs-headline-size-lg:9.48rem">- Starten</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:2.80em;--xcs-headline-size-md:8.20em;--xcs-headline-size-lg:8.20rem">pÄ slutten</span></h2></a></div></article></div><div class="row xrow flex-initial"><article class="column preview columns xavier-preview small-5 medium-5 large-5" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/stuper-begynner-a-smerte/84162262"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:140.30%;aspect-ratio:0.71"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84162342&panoy=0&panox=0&panoh=71.67&panow=100&heighty=0&heightx=23.25&heightw=41.43&heighth=100&compression=70&format=webp&width=402&height=564 1.0x, https://borsen.dagbladet.no/images/?imageId=84162342&panoy=0&panox=0&panoh=71.67&panow=100&heighty=0&heightx=23.25&heightw=41.43&heighth=100&compression=70&format=webp&width=603&height=846 1.5x, https://borsen.dagbladet.no/images/?imageId=84162342&panoy=0&panox=0&panoh=71.67&panow=100&heighty=0&heightx=23.25&heightw=41.43&heighth=100&compression=70&format=webp&width=804&height=1128 2.0x" type="image/webp"><img alt="Illustrasjon: NÊr kollaps: - Helt krise" fetchpriority="high" height="564" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84162342&panoy=0&panox=0&panoh=71.67&panow=100&heighty=0&heightx=23.25&heightw=41.43&heighth=100" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="402"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.78em;--xcs-headline-size-md:5.34em;--xcs-headline-size-lg:5.34rem">NÊr kollaps:</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:2.04em;--xcs-headline-size-md:6.11em;--xcs-headline-size-lg:6.11rem">- Helt krise</span></h2></a></div></article><article class="column preview columns xavier-preview small-7 medium-7 large-7" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/raser-pinlig/84257064"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:49.91%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84257207&panoy=0.38&panox=2.67&panow=88&panoh=63.24&heightx=19.11&heightw=41.43&heighth=100&heighty=0&compression=70&format=webp&width=565&height=282 1.0x, https://borsen.dagbladet.no/images/?imageId=84257207&panoy=0.38&panox=2.67&panow=88&panoh=63.24&heightx=19.11&heightw=41.43&heighth=100&heighty=0&compression=70&format=webp&width=848&height=423 1.5x, https://borsen.dagbladet.no/images/?imageId=84257207&panoy=0.38&panox=2.67&panow=88&panoh=63.24&heightx=19.11&heightw=41.43&heighth=100&heighty=0&compression=70&format=webp&width=1130&height=564 2.0x" type="image/webp"><img alt="Illustrasjon: Raser: - Pinlig" fetchpriority="high" height="282" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84257207&panoy=0.38&panox=2.67&panow=88&panoh=63.24&heightx=19.11&heightw=41.43&heighth=100&heighty=0" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="565"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:5.31em;--xcs-headline-size-md:15.24em;--xcs-headline-size-lg:15.24rem">Raser:</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:4.83em;--xcs-headline-size-md:13.86em;--xcs-headline-size-lg:13.86rem">- Pinlig</span></h2></a></div></article></div><div class="row xrow flex-initial"><article class="column preview columns xavier-preview small-7 medium-7 large-7" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/slakter-trump-i-hemmelige-opptak/84147521"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:49.91%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84147621&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=565&height=282 1.0x, https://borsen.dagbladet.no/images/?imageId=84147621&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=848&height=423 1.5x, https://borsen.dagbladet.no/images/?imageId=84147621&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=1130&height=564 2.0x" type="image/webp"><img alt="Illustrasjon: Hemmelig opptak: - Faen ta deg, Ted!" fetchpriority="high" height="282" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84147621&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="565"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.87em;--xcs-headline-size-md:5.37em;--xcs-headline-size-lg:5.37rem">Hemmelig opptak:</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.81em;--xcs-headline-size-md:5.19em;--xcs-headline-size-lg:5.19rem">- Faen ta deg, Ted!</span></h2></a></div></article><article class="column preview columns xavier-preview small-5 medium-5 large-5" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/raskeste-pa-16-ar/84269372"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:51.24%;aspect-ratio:1.95"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84269391&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighth=100&heightx=0&heighty=0&compression=70&format=webp&width=402&height=206 1.0x, https://borsen.dagbladet.no/images/?imageId=84269391&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighth=100&heightx=0&heighty=0&compression=70&format=webp&width=603&height=309 1.5x, https://borsen.dagbladet.no/images/?imageId=84269391&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighth=100&heightx=0&heighty=0&compression=70&format=webp&width=804&height=412 2.0x" type="image/webp"><img alt="Illustrasjon: Raskeste pÄ 16 Är" fetchpriority="high" height="206" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84269391&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighth=100&heightx=0&heighty=0" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="402"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:2.48em;--xcs-headline-size-md:7.43em;--xcs-headline-size-lg:7.43rem">Raskeste</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:2.62em;--xcs-headline-size-md:7.85em;--xcs-headline-size-lg:7.85rem">pÄ 16 Är</span></h2></a></div></article></div>
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"content" : "## Kort fortalt\n\nDonald Trumps tollpolitikk har ikke redusert USAs handelsunderskudd som planlagt.\n\nHĂžyesterett erklĂŠrte Trumps toll ugyldig, men han innfĂžrte umiddelbart en ny global toll pĂ„ 15 prosent.\n\nAmerikanerne betaler nesten hele tollen, noe som i praksis fungerer som en skatt.\n\nĂkonomien i USA gĂ„r greit, men tollene har rammet lavinntektsgrupper hardest.\n\nSammendraget er laget av ChatGPT og godkjent av BĂžrsen.\n\n\\- To ting har skjedd: Handelsunderskuddet er ikke endret, og utlendingene har ikke betalt, sier sjefĂžkonom Harald Magnus Andreassen i Sparebank 1 Markets, til BĂžrsen.\n\nTall for 2025, som kom like fĂžr helga, viser at Donald Trumps tollregime sĂ„ langt ikke har lyktes Ă„ oppnĂ„ det han Ăžnsker: Redusere handelsunderskuddet til USA.\n\nRiktignok falt det samlede handelsunderskuddet, som er vare\\- og tjenestehandel, fra 903 milliarder dollar i 2024 til 901 milliarder dollar i 2025, skriver [New York Times. ](https://www.nytimes.com/2026/02/19/business/economy/imports-tariffs-trade-deficit.html)\n\n### Tap i retten\n\nMen nedgangen i handelsunderskuddet kan tilskrives Ăžkt overskudd i tjenestehandelen, ikke en forbedring i varehandelen, som er det Trump har brukt som argumentasjon for toll.\n\nHandelsunderskuddet i varehandelen var pĂ„ rekordhĂžye 1240 milliarder dollar, som er en Ăžkning pĂ„ 2,1 prosent fra Ă„ret fĂžr.\n\nFredag kom ogsĂ„ tollavgjĂžrelsen fra HĂžyesterett som det var knyttet stor spenning til. HĂžyesterett fastslo at Trump ikke hadde myndighet til Ă„ innfĂžre tollen, og erklĂŠrte den ugyldig.\n\nTrump svarte med Ă„ umiddelbart innfĂžre en ny global toll pĂ„ 15 prosent.\n\nLikevel har altsĂ„ hans gamle tollregime virket fram til fredag, uten den tiltenkte effekten.\n\nTrump har svĂŠrt lenge vĂŠrt Ă„pen om at han er stor tilhenger av Ă„ innfĂžre toll, som han kaller «det vakreste ordet».\n\n«Jeg foreslĂ„r toll pĂ„ andre land som utnytter oss \\(...\\) Disse tollene betales av landet som utnytter oss, IKKE AV DEN AMERIKANSKE FORBRUKEREN», skrev Trump pĂ„ [X ](https://x.com/TrumpDailyPosts/status/1849542470582902854)under valgkampen i 2024.\n\nMen tallenes tale er at det ikke stemmer.\n\n### Amerikanere betaler tollen\n\nAndreassen viser til at man kan mĂ„le hva varer koster nĂ„r de kommer inn til havner i USA, pĂ„ en importprisindeks. Tanken var at utlendingene mĂ„tte kutte prisene, sĂ„ ble tollen lagt pĂ„ i USA, og prisen ut i den andre enden \\- til amerikanske forbrukere \\- ble den samme.\n\n\\- Det har ikke skjedd, sier Andreassen, og fortsetter:\n\n\\- Prisene inn til USA er uendret. Varene som kommer inn pĂ„ brygga i USA har samme pris, og nĂ„r de kommer ut av tollageret har de steget med 10\\-11 prosent. Det er det noen i USA som betaler.\n\nFederal Reserve Bank of New York har ogsĂ„ regnet ut at amerikanere betaler tett pĂ„ hele tollen, skriver [Reuters](https://www.reuters.com/world/us/ny-fed-report-says-americans-pay-almost-all-trumps-tariffs-2026-02-12/?utm_source=chatgpt.com). Fra januar til august i fjor betalte amerikanerne 94 prosent av tollen. Mot slutten av Ă„ret falt det til 86 prosent.\n\nAndreassen sier at dette i realiteten er en skatt som amerikanerne mĂ„ betale, noe som ogsĂ„ var det HĂžyesterett kom fram til. Toll er Ă„ regne som skatter og avgifter, og dette ligger til Kongressen Ă„ vedta. Trump kan med andre ord ikke presse gjennom en slik tollĂžkning uten Kongressens godkjenning, og dermed ble tollsatsene kjent ugyldige.\n\n### \\- Toll er tull\n\nAndreassen pĂ„peker ogsĂ„ at «alle som regner pĂ„ det» kommer fram til at tollen rammer dem med lavest inntekt mest.\n\n\\- De bruker mer penger pĂ„ varer enn tjenester, og de kjĂžper billige importvarer. De har fĂ„tt en skikkelig smell, sier Andreassen.\n\nTrumps nye globale toll pĂ„ 15 prosent fĂžrer ifĂžlge Andreassen til at satsene blir omtrent de samme som fĂžr. Litt lavere, men ikke synlig lavere.\n\n\\- Dermed fortsetter dette tolltullet, med litt andre begrunnelser, sier Andreassen.\n\n\\- I lys av tallene \\- hvordan vil du oppsummere Trumps tollpolitikk?\n\n\\- At toll er tull, som de sier pĂ„ svensk. Det er vanskelig Ă„ finne Ăžkonomer som har tro pĂ„ toll. Det er fordi det bidrar til at produksjonen blir mindre effektiv. Man handler varene der de blir billigst etter toll, ikke der de er billigst Ă„ produsere.\n\n### \\- SpektakulĂŠrt\n\nDen amerikanske Ăžkonomien som helhet gĂ„r helt ok. I fjor steg bruttonasjonalproduktet med 2,2 prosent.\n\n\\- Det har ikke vĂŠrt noe kanonĂ„r som Trump prĂžver Ă„ si. Det har ikke det. Men Ăžkonomien er ikke svak, sier Andreassen.\n\nArbeidsledigheten er lav, mens det som kan gi grunn til Ă„ klage litt er at inntektsutviklingen til amerikanere er litt svak, og at forbruket begynner Ă„ svekkes litt.\n\n\\- USA har hatt griseflaks. Tollen har rammet dem selv, men de har fĂ„tt et veldig vekstbidrag i investering i KI, sier Andreassen.\n\nInvestering i KI stĂ„r for rundt halvparten av veksten pĂ„ 1,1 prosent.\n\n\\- Det er spektakulĂŠrt. Det kan vĂŠre en god nyhet, at man har funnet nye produkter som gir nytte. Men investeringene kan bli for hĂžye, alle skal sette i gang samtidig, sĂ„ smellen kan komme, sier Andreassen, og legger til:\n\n\\- Risikoen er ikke helt borte, men sĂ„ langt ser det ut til Ă„ gĂ„ helt greit i sum.",
"created_at" : "2026-02-23 17:11:02",
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"metadata" : "{\"twitter\":{},\"is_paywalled\":0,\"title\":\"Trumps Ă«tolltullĂ»: - En skikkelig smell\",\"description\":\"Donald Trumps toll skulle fĂ„ ned handelsunderskuddet, og utlendingene skulle betale. SĂ„nn har det ikke gĂ„tt.\",\"raw_feed_item\":\"<item>\\n <title><![CDATA[- Har hatt griseflaks]]></title>\\n <link>https://borsen.dagbladet.no/nyheter/trumps-tolltull-en-skikkelig-smell/84274375</link>\\n <guid>https://www.dagbladet.no/a/84274375</guid>\\n <pubDate>2026-02-23T15:48:05+01:00</pubDate>\\n <description><![CDATA[Donald Trumps toll skulle fĂ„ ned handelsunderskuddet, og utlendingene skulle betale. SĂ„nn har det ikke gĂ„tt.]]></description>\\n <enclosure length=\\\"0\\\" type=\\\"image/jpeg\\\" url=\\\"https://www.dagbladet.no/images/84277586.webp?imageId=84277586&width=1058&height=478&format=jpg\\\" />\\n</item>\",\"author\":\"Lars Martin Gimse\",\"og\":{\"title\":\"Trumps Ă«tolltullĂ»: - En skikkelig smell\",\"description\":\"Donald Trumps toll skulle fĂ„ ned handelsunderskuddet, og utlendingene skulle betale. SĂ„nn har det ikke gĂ„tt.\",\"logo\":\"/assets/icon/borsen-logo.svg\",\"site_name\":\"BĂžrsen\",\"type\":\"article\",\"url\":\"https://borsen.dagbladet.no/nyheter/trumps-tolltull-en-skikkelig-smell/84274375\",\"image:width\":\"1200\",\"image\":\"https://borsen.dagbladet.no/images/84276022.jpg?imageId=84276022&x=0&y=0&cropw=100&croph=100&panox=0&panoy=0&panow=100&panoh=100&width=1200&height=683\",\"image:height\":\"684\"},\"schema\":{\"microdata\":{\"url\":\"\\n \\n \\n\\n\\n \\n \\n \",\"jobTitle\":\"Administrerende direktĂžr:\",\"name\":\"Michael Aller\",\"caption\":\"ELSKER TOLL: Donald Trump er veldig glad i Ă„ bruke toll. Fredag gikk han pĂ„ et tap i HĂžyesterett, der tollsatsene hans ble kjent ugydlig. Trump svarte med Ă„ innfĂžre en ny, global toll. Foto: Kevin Lamarque / Retuers / NTB\"}},\"image_url\":\"https://borsen.dagbladet.no/images/84276022.jpg?imageId=84276022&x=0&y=0&cropw=100&croph=100&panox=0&panoy=0&panow=100&panoh=100&width=1200&height=683\",\"published_at\":null,\"keywords\":[\"nyheter\"],\"source_updated_at\":null,\"meta\":{\"robots\":\"max-image-preview:large\",\"copyright\":\"Copyright (c) 2026 Aller Media AS, all rights reserved.\",\"viewport\":\"width=device-width, initial-scale=1\",\"title\":\"Trumps Ă«tolltullĂ»: - En skikkelig smell\",\"description\":\"Donald Trumps toll skulle fĂ„ ned handelsunderskuddet, og utlendingene skulle betale. SĂ„nn har det ikke gĂ„tt.\",\"apple-itunes-app\":\"app-id=1484303827\"},\"content\":\"## Kort fortalt\\n\\nDonald Trumps tollpolitikk har ikke redusert USAs handelsunderskudd som planlagt.\\n\\nHĂžyesterett erklĂŠrte Trumps toll ugyldig, men han innfĂžrte umiddelbart en ny global toll pĂ„ 15 prosent.\\n\\nAmerikanerne betaler nesten hele tollen, noe som i praksis fungerer som en skatt.\\n\\nĂÂkonomien i USA gĂ„r greit, men tollene har rammet lavinntektsgrupper hardest.\\n\\nSammendraget er laget av ChatGPT og godkjent av BĂžrsen.\\n\\n\\\\- To ting har skjedd: Handelsunderskuddet er ikke endret, og utlendingene har ikke betalt, sier sjefĂžkonom Harald Magnus Andreassen i Sparebank 1 Markets, til BĂžrsen.\\n\\nTall for 2025, som kom like fĂžr helga, viser at Donald Trumps tollregime sĂ„ langt ikke har lyktes Ă„ oppnĂ„ det han Ăžnsker: Redusere handelsunderskuddet til USA.\\n\\nRiktignok falt det samlede handelsunderskuddet, som er vare\\\\- og tjenestehandel, fra 903 milliarder dollar i 2024 til 901 milliarder dollar i 2025, skriver [New York Times. ](https://www.nytimes.com/2026/02/19/business/economy/imports-tariffs-trade-deficit.html)\\n\\n### Tap i retten\\n\\nMen nedgangen i handelsunderskuddet kan tilskrives Ăžkt overskudd i tjenestehandelen, ikke en forbedring i varehandelen, som er det Trump har brukt som argumentasjon for toll.\\n\\nHandelsunderskuddet i varehandelen var pĂ„ rekordhĂžye 1240 milliarder dollar, som er en Ăžkning pĂ„ 2,1 prosent fra Ă„ret fĂžr.\\n\\nFredag kom ogsĂ„ tollavgjĂžrelsen fra HĂžyesterett som det var knyttet stor spenning til. HĂžyesterett fastslo at Trump ikke hadde myndighet til Ă„ innfĂžre tollen, og erklĂŠrte den ugyldig.\\n\\nTrump svarte med Ă„ umiddelbart innfĂžre en ny global toll pĂ„ 15 prosent.\\n\\nLikevel har altsĂ„ hans gamle tollregime virket fram til fredag, uten den tiltenkte effekten.\\n\\nTrump har svĂŠrt lenge vĂŠrt Ă„pen om at han er stor tilhenger av Ă„ innfĂžre toll, som han kaller Ă«det vakreste ordetĂ».\\n\\nĂ«Jeg foreslĂ„r toll pĂ„ andre land som utnytter oss \\\\(...\\\\) Disse tollene betales av landet som utnytter oss, IKKE AV DEN AMERIKANSKE FORBRUKERENĂ», skrev Trump pĂ„ [X ](https://x.com/TrumpDailyPosts/status/1849542470582902854)under valgkampen i 2024.\\n\\nMen tallenes tale er at det ikke stemmer.\\n\\n### Amerikanere betaler tollen\\n\\nAndreassen viser til at man kan mĂ„le hva varer koster nĂ„r de kommer inn til havner i USA, pĂ„ en importprisindeks. Tanken var at utlendingene mĂ„tte kutte prisene, sĂ„ ble tollen lagt pĂ„ i USA, og prisen ut i den andre enden \\\\- til amerikanske forbrukere \\\\- ble den samme.\\n\\n\\\\- Det har ikke skjedd, sier Andreassen, og fortsetter:\\n\\n\\\\- Prisene inn til USA er uendret. Varene som kommer inn pĂ„ brygga i USA har samme pris, og nĂ„r de kommer ut av tollageret har de steget med 10\\\\-11 prosent. Det er det noen i USA som betaler.\\n\\nFederal Reserve Bank of New York har ogsĂ„ regnet ut at amerikanere betaler tett pĂ„ hele tollen, skriver [Reuters](https://www.reuters.com/world/us/ny-fed-report-says-americans-pay-almost-all-trumps-tariffs-2026-02-12/?utm_source=chatgpt.com). Fra januar til august i fjor betalte amerikanerne 94 prosent av tollen. Mot slutten av Ă„ret falt det til 86 prosent.\\n\\nAndreassen sier at dette i realiteten er en skatt som amerikanerne mĂ„ betale, noe som ogsĂ„ var det HĂžyesterett kom fram til. Toll er Ă„ regne som skatter og avgifter, og dette ligger til Kongressen Ă„ vedta. Trump kan med andre ord ikke presse gjennom en slik tollĂžkning uten Kongressens godkjenning, og dermed ble tollsatsene kjent ugyldige.\\n\\n### \\\\- Toll er tull\\n\\nAndreassen pĂ„peker ogsĂ„ at Ă«alle som regner pĂ„ detĂ» kommer fram til at tollen rammer dem med lavest inntekt mest.\\n\\n\\\\- De bruker mer penger pĂ„ varer enn tjenester, og de kjĂžper billige importvarer. De har fĂ„tt en skikkelig smell, sier Andreassen.\\n\\nTrumps nye globale toll pĂ„ 15 prosent fĂžrer ifĂžlge Andreassen til at satsene blir omtrent de samme som fĂžr. Litt lavere, men ikke synlig lavere.\\n\\n\\\\- Dermed fortsetter dette tolltullet, med litt andre begrunnelser, sier Andreassen.\\n\\n\\\\- I lys av tallene \\\\- hvordan vil du oppsummere Trumps tollpolitikk?\\n\\n\\\\- At toll er tull, som de sier pĂ„ svensk. Det er vanskelig Ă„ finne Ăžkonomer som har tro pĂ„ toll. Det er fordi det bidrar til at produksjonen blir mindre effektiv. Man handler varene der de blir billigst etter toll, ikke der de er billigst Ă„ produsere.\\n\\n### \\\\- SpektakulĂŠrt\\n\\nDen amerikanske Ăžkonomien som helhet gĂ„r helt ok. I fjor steg bruttonasjonalproduktet med 2,2 prosent.\\n\\n\\\\- Det har ikke vĂŠrt noe kanonĂ„r som Trump prĂžver Ă„ si. Det har ikke det. Men Ăžkonomien er ikke svak, sier Andreassen.\\n\\nArbeidsledigheten er lav, mens det som kan gi grunn til Ă„ klage litt er at inntektsutviklingen til amerikanere er litt svak, og at forbruket begynner Ă„ svekkes litt.\\n\\n\\\\- USA har hatt griseflaks. Tollen har rammet dem selv, men de har fĂ„tt et veldig vekstbidrag i investering i KI, sier Andreassen.\\n\\nInvestering i KI stĂ„r for rundt halvparten av veksten pĂ„ 1,1 prosent.\\n\\n\\\\- Det er spektakulĂŠrt. Det kan vĂŠre en god nyhet, at man har funnet nye produkter som gir nytte. Men investeringene kan bli for hĂžye, alle skal sette i gang samtidig, sĂ„ smellen kan komme, sier Andreassen, og legger til:\\n\\n\\\\- Risikoen er ikke helt borte, men sĂ„ langt ser det ut til Ă„ gĂ„ helt greit i sum.\"}",
"og_title" : "Trumps «tolltull»: - En skikkelig smell",
"published_at" : "2026-02-23 14:48:05",
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15.3L44.4 11.8H43.6L42.6 15.3L41.7 11.8H40.8L42.2 16.5H42.9L44.0 13.0H44.0L45.1 16.5H45.9L47.2 11.8H46.4L45.4 15.3ZM27.3 15.3L25.2 11.8H24.1V16.5H25.0V12.9L27.1 16.5H28.2V11.8H27.3V15.3ZM55.1 13.8L53.9 11.8H52.9L54.7 14.5V16.5H55.5V14.5L57.2 11.8H56.2L55.1 13.8ZM6.4 0.7L-0.0 16.3H4.3L5.9 12.5L9.5 16.3L13.0 12.5L14.7 16.3H19.0L12.6 0.6L6.4 0.7ZM9.5 11.7L7.2 9.0L9.5 4.1L11.7 9.0L9.5 11.7Z\" fill=\"black\"></path>\n </svg> <p>\n BĂžrsen\n er en del av Aller Media. Aller Media er ansvarlig for dine data pĂ„ denne nettsiden.\n  <a href=\"https://personvern.aller.no/personvern\">Les mer</a>\n </p>\n</div>\n\n\n\n \n\n \t\n<div class=\"row xrow flex-initial\"><div class=\"adunit-wrapper track-element\" data-from=\"xavier\" id=\"apos-topbanner1\"><div class=\"adunit GoogleActiveViewElement small-980x300 medium-980x300 large-980x300\" data-collapse=\"false\" data-expand=\"false\" data-load-on=\"load\" data-out-of-page=\"false\" data-sizes=\"[[[0,0],[]],[[768,0],[[768,90],[768,300],[768,250],"fluid"]],[[1024,0],[[980,300],[980,290],[970,250]]],[[1280, 600],[[1010,300],[980,290],[1000,300],[980,300],[970,250],[2,2]]]]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-topbanner1\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"topbanner1","platform":"wolverine"}}\"></div></div><div class=\"adunit-wrapper track-element sticky-ad\" data-from=\"xavier\" id=\"apos-sticky-right-top1\"><div class=\"adunit GoogleActiveViewElement large-300x700 sticky-right\" data-collapse=\"true\" data-expand=\"false\" data-load-on=\"load\" data-out-of-page=\"false\" data-sizes=\"[[[0,0],[]],[[1345,600],[[300,600],[160,600]]],[[1385,600],[[300,600],[180,500],[180,700],[160,600]]],[[1625,600],[[300,600],[180,500],[180,700],[160,600]]]]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-sticky-right-top1\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"sticky-right-top1","platform":"wolverine"}}\"></div></div></div>\n\n\n\n \n\n <main id=\"main\">\n <div class=\"markup hide\">\n \n \n \n</div>\n\n\n <article class=\"bg-baseview-custom article-entity\" id=\"mainArticleSection\" role=\"article\">\n\n\n <div class=\"articleHeader column hasCaption\" data-element-guid=\"49f6fed2-1e50-421b-895d-f83caea9a772\">\n\n\n <h1 class=\"headline mainTitle t84\" style=\"\"><span class=\"t119 tm45\" data-lab-text_size_desktop=\"119\" data-lab-text_size_mobile=\"45\">Trumps «tolltull»:</span> <span class=\"t102 tm39\" data-lab-text_size_desktop=\"102\" data-lab-text_size_mobile=\"39\">- En skikkelig smell</span></h1>\n <h2 class=\"subtitle \" style=\"\">Donald Trumps toll skulle fĂ„ ned handelsunderskuddet, og utlendingene skulle betale. SĂ„nn har det ikke gĂ„tt.</h2>\n\n\n\n <div class=\"media\">\n \n <figure class=\"headerImage\" data-element-guid=\"bd520cef-a12b-493b-aa39-bea49dc6a103\">\n <div class=\"img fullwidthTarget\">\n <picture>\n <source height=\"559\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84276022.webp?imageId=84276022&width=1960&height=1118&format=webp\" type=\"image/webp\" width=\"980\"> \n <source height=\"559\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84276022.webp?imageId=84276022&width=1960&height=1118&format=jpg\" type=\"image/jpeg\" width=\"980\"> \n <source height=\"217\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84276022.webp?imageId=84276022&width=760&height=434&format=webp\" type=\"image/webp\" width=\"380\">\n <source height=\"217\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84276022.webp?imageId=84276022&width=760&height=434&format=jpg\" type=\"image/jpeg\" width=\"380\">\n <img alt=\"\" class=\"\" height=\"559\" src=\"https://borsen.dagbladet.no/images/84276022.webp?imageId=84276022&width=1960&height=1118\" style=\"--aspect-ratio-image: 1.75; \" title=\"ELSKER TOLL: Donald Trump er veldig glad i Ă„ bruke toll. Fredag gikk han pĂ„ et tap i HĂžyesterett, der tollsatsene hans ble kjent ugydlig. Trump svarte med Ă„ innfĂžre en ny, global toll. Foto: Kevin Lamarque / Retuers / NTB\" width=\"980\">\n </picture>\n \n \n </div>\n \n</figure>\n\n \n \n \n \n \n \n \n \n \n <div class=\"floatingText\"></div>\n </div>\n\n <div class=\"caption truncate\" data-expandable=\"true\" data-hidecaption=\"Skjul bildetekst\" data-showcaption=\"Vis bildetekst\" data-showmore=\"Vis mer\">\n <figcaption class=\"\" itemprop=\"caption\">ELSKER TOLL: Donald Trump er veldig glad i Ă„ bruke toll. Fredag gikk han pĂ„ et tap i HĂžyesterett, der tollsatsene hans ble kjent ugydlig. Trump svarte med Ă„ innfĂžre en ny, global toll. Foto: Kevin Lamarque / Retuers / NTB</figcaption>\n </div>\n\n\n\n\n <div class=\"meta\" data-element-guid=\"23255bfe-628e-448c-c6d2-aa88a08ab4a2\">\n \n \n\n\n <div class=\"meta-wrapper\">\n <div class=\"bylines\">\n <div class=\"byline column\" data-element-guid=\"62f23459-6ba0-4a0b-9327-c2b3c6e3a71e\">\n \n <div class=\"content roundedImage\">\n <figure data-element-guid=\"8de05ded-4935-4077-a69b-af5124a885bc\">\n <picture>\n <img alt=\"Lars Martin Gimse\" height=\"180\" itemprop=\"image\" src=\"https://borsen.dagbladet.no/images/61236880.webp?imageId=61236880&x=16.20&y=8.20&cropw=78.21&croph=57.38&width=360&height=360\" width=\"180\">\n </picture>\n</figure>\n <address class=\"name\">\n <a href=\"mailto:lgi@dagbladet.no\" itemprop=\"url\" rel=\"author\">\n <span class=\"lab-hidden-byline-name\" itemprop=\"name\">Lars Martin Gimse</span>\n <span class=\"firstname \">Lars Martin</span>\n <span class=\"lastname \">Gimse</span>\n </a>\n </address>\n </div>\n</div>\n\n \n </div>\n <button class=\"button primary medium nopadding\" id=\"meta-share-button\">\n <svg fill=\"none\" height=\"24\" stroke=\"currentColor\" viewbox=\"0 0 24 24\" width=\"24\" xmlns=\"http://www.w3.org/2000/svg\">\n <path d=\"M21 14.25V19.5C21 19.8978 20.842 20.2793 20.5607 20.5606C20.2794 20.8419 19.8978 21 19.5 21H4.5C4.10218 21 3.72064 20.8419 3.43934 20.5606C3.15804 20.2793 3 19.8978 3 19.5V14.25C3 14.0511 3.07902 13.8603 3.21967 13.7196C3.36032 13.579 3.55109 13.5 3.75 13.5C3.94891 13.5 4.13968 13.579 4.28033 13.7196C4.42098 13.8603 4.5 14.0511 4.5 14.25V19.5H19.5V14.25C19.5 14.0511 19.579 13.8603 19.7197 13.7196C19.8603 13.579 20.0511 13.5 20.25 13.5C20.4489 13.5 20.6397 13.579 20.7803 13.7196C20.921 13.8603 21 14.0511 21 14.25ZM8.78063 8.03061L11.25 5.56029V14.25C11.25 14.4489 11.329 14.6397 11.4697 14.7803C11.6103 14.921 11.8011 15 12 15C12.1989 15 12.3897 14.921 12.5303 14.7803C12.671 14.6397 12.75 14.4489 12.75 14.25V5.56029L15.2194 8.03061C15.3601 8.17134 15.551 8.2504 15.75 8.2504C15.949 8.2504 16.1399 8.17134 16.2806 8.03061C16.4214 7.88987 16.5004 7.699 16.5004 7.49998C16.5004 7.30096 16.4214 7.11009 16.2806 6.96935L12.5306 3.21935C12.461 3.14962 12.3783 3.0943 12.2872 3.05656C12.1962 3.01882 12.0986 2.99939 12 2.99939C11.9014 2.99939 11.8038 3.01882 11.7128 3.05656C11.6217 3.0943 11.539 3.14962 11.4694 3.21935L7.71937 6.96935C7.57864 7.11009 7.49958 7.30096 7.49958 7.49998C7.49958 7.699 7.57864 7.88987 7.71937 8.03061C7.86011 8.17134 8.05098 8.2504 8.25 8.2504C8.44902 8.2504 8.63989 8.17134 8.78063 8.03061Z\" fill=\"currentColor\"></path>\n </svg>\n <span class=\"share-result tooltip tooltip-bottom-left\" id=\"meta-share-result\"></span>\n </button>\n </div>\n \n \n \n <div class=\"dates\">\n <div class=\"dateGroup datePublished\">\n <span class=\"dateLabel\">Publisert</span>\n <time datetime=\"2026-02-23T14:48:05.000Z\" title=\"Publisert 23.02.2026 - 15:48\">23.02.2026 - 15:48</time>\n </div>\n </div>\n\n\n</div>\n\n\n</div>\n\n \n\n \n \n <div class=\"bodytext large-12 small-12 medium-12\" data-element-guid=\"23255bfe-628e-448c-c6d2-aa88a08ab4a2\">\n \n \n\n <div class=\"column factbox state-expanded-desktop small-12 large-12 medium-12 small-abs-12 large-abs-12 style-fade expandable-mobile expandable-desktop collapsable-mobile collapsable-desktop\" data-element-guid=\"f0ad3e78-c2ea-4c90-afaf-8c84ddd5e743\" id=\"factbox-84274379\">\n \n <div class=\"content bg-gray color_mobile_bg-gray hasContentPadding mobile-hasContentPadding\" style=\"\">\n \n \n <h2 class=\"\" style=\"\">Kort fortalt</h2>\n <div class=\"fact collapsableContent \">\n <p lang=\"nb-NO\">Donald Trumps tollpolitikk har ikke redusert USAs handelsunderskudd som planlagt.</p><p lang=\"nb-NO\">HĂžyesterett erklĂŠrte Trumps toll ugyldig, men han innfĂžrte umiddelbart en ny global toll pĂ„ 15 prosent.</p><p lang=\"nb-NO\">Amerikanerne betaler nesten hele tollen, noe som i praksis fungerer som en skatt.</p><p lang=\"nb-NO\">Ăkonomien i USA gĂ„r greit, men tollene har rammet lavinntektsgrupper hardest.</p><p class=\"italic ai-disclaimer\" data-lab-italic=\"italic\">Sammendraget er laget av ChatGPT og godkjent av BĂžrsen.</p>\n </div>\n <button aria-controls=\"factbox-content\" aria-expanded=\"false\" class=\"toggle\">\n <span class=\"toggle-text read-more\">Vis mer</span>\n <span class=\"toggle-text read-less\">Vis mindre</span>\n </button>\n </div>\n\n \n</div>\n\t\n<div class=\"row xrow flex-column fullwidth fullscreen-z-index\"><div class=\"adunit-wrapper track-element column small-12 medium-12 large-12\" data-from=\"xavier\" id=\"apos-fullscreen1\"><div class=\"adunit GoogleActiveViewElement small-fullscreen-x medium-fullscreen-x large-fullscreen-x\" data-collapse=\"false\" data-expand=\"false\" data-load-on=\"load\" data-out-of-page=\"false\" data-sizes=\"[[[0,0],[[320,400],[1,1],[1,2]]],[[600,600],[[1,1],[1,2]]],[[1000, 600],[[980,300],[980,150],[970,250],[980,600],[1,1],[1,2]]]]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-fullscreen1\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"fullscreen1","platform":"wolverine"}}\"></div></div><div class=\"adunit-wrapper track-element sticky-ad\" data-from=\"xavier\" id=\"apos-sticky-right1\"><div class=\"adunit GoogleActiveViewElement large-300x700 sticky-right\" data-collapse=\"true\" data-expand=\"false\" data-load-on=\"view\" data-out-of-page=\"false\" data-sizes=\"[[[0,0],[]],[[1345,600],[160,600]],[[1385,600],[[180,500],[180,700],[160,600]]],[[1625,600],[[300,600],[180,500],[180,700],[160,600]]]]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-sticky-right1\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"sticky-right1","platform":"wolverine"}}\"></div></div></div>\n\n\n<p class=\"font-weight-bold m-font-weight-bold\" data-lab-font_weight=\"font-weight-bold\">- To ting har skjedd: Handelsunderskuddet er ikke endret, og utlendingene har ikke betalt, sier sjefĂžkonom Harald Magnus Andreassen i Sparebank 1 Markets, til BĂžrsen.</p>\t\n\n\n\n<p>Tall for 2025, som kom like fĂžr helga, viser at Donald Trumps tollregime sĂ„ langt ikke har lyktes Ă„ oppnĂ„ det han Ăžnsker: Redusere handelsunderskuddet til USA.</p>\t\n\n\n\n<p>Riktignok falt det samlede handelsunderskuddet, som er vare- og tjenestehandel, fra 903 milliarder dollar i 2024 til 901 milliarder dollar i 2025, skriver <a href=\"https://www.nytimes.com/2026/02/19/business/economy/imports-tariffs-trade-deficit.html\">New York Times. </a></p><article class=\" small-12 large-12 medium-12 small-abs-12 large-abs-12 preview-link \" data-element-guid=\"508b9b8f-1383-45a6-99b1-b27951207a6d\" data-instance=\"84275787\" data-section=\"nyheter\" data-site-alias=\"borsen\">\n\n <div class=\"content bg-white color_mobile_bg-white hasContentPadding mobile-hasContentPadding\" style=\"\">\n\n <a href=\"https://borsen.dagbladet.no/nyheter/eu-tar-tollgrep/84275787\" itemprop=\"url\">\n \n <figure class=\"\" data-element-guid=\"9a797c65-67fb-4dcd-b737-228065e3595b\" style=\"--padding-bottom-image: 45.00%; \">\n\n\n <div class=\"img fullwidthTarget \">\n <picture>\n <source height=\"441\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84275762.webp?imageId=84275762&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882&format=webp\" type=\"image/webp\" width=\"980\"> \n <source height=\"441\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84275762.webp?imageId=84275762&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882&format=jpg\" type=\"image/jpeg\" width=\"980\"> \n <source height=\"171\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84275762.webp?imageId=84275762&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=760&height=342&format=webp\" type=\"image/webp\" width=\"380\">\n <source height=\"171\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84275762.webp?imageId=84275762&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=760&height=342&format=jpg\" type=\"image/jpeg\" width=\"380\">\n <img alt=\"\" class=\"lazyload\" data-src=\"https://borsen.dagbladet.no/images/84275762.webp?imageId=84275762&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882\" height=\"441\" style=\"--aspect-ratio-image: 2.22; \" title=\"EU tar tollgrep\" width=\"980\">\n </picture>\n \n </div>\n\n \n\n\n\n</figure>\n\n\n <header data-before-content=\"Les ogsĂ„\">\n <h3 class=\"headline\">EU tar tollgrep</h3>\n\n\n </header>\n <span class=\"arrow\">\n <svg height=\"24\" viewbox=\"0 0 24 17\" width=\"24\" xmlns=\"http://www.w3.org/2000/svg\">\n <g fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-width=\"1.2\">\n <path d=\"M15.4 1l4 3.825 4 3.775-4 3.825-4 3.775\" stroke-linejoin=\"round\"></path>\n <path d=\"M22.2 8.6H1\"></path>\n </g>\n </svg>\n </span>\n </a>\n\n </div>\n\n</article>\n<h3>Tap i retten</h3>\t\n<div class=\"row xrow flex-initial\"><article class=\"column preview columns xavier-preview small-12 medium-12 large-12 native-advertisement\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/annonsorinnhold/v/borsen/experience-oman/vi-har-aldri-opplevd-noe-lignende/11143070/\"><div class=\"content-marketing-ribbon\"><h3>AnnonsĂžrinnhold</h3><img alt=\" logo\" class=\"lazyload\" data-src=\"https://www.dagbladet.no/files/2025/10/28/Omanlogo1.jpg\" loading=\"lazy\"></div><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/84248811.jpg?imageId=84248811&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&compression=70&format=webp&width=980&height=490 1.0x, https://borsen.dagbladet.no/images/84248811.jpg?imageId=84248811&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&compression=70&format=webp&width=1470&height=735 1.5x, https://borsen.dagbladet.no/images/84248811.jpg?imageId=84248811&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&compression=70&format=webp&width=1960&height=980 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: â Vi har bare sett slikt fĂžr pĂ„ bilder\" fetchpriority=\"high\" height=\"490\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/84248811.jpg?imageId=84248811&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"980\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:3.14em;--xcs-headline-size-md:5.48rem;--xcs-headline-size-lg:5.48rem\">â Vi har bare sett</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:3.25em;--xcs-headline-size-md:5.67rem;--xcs-headline-size-lg:5.67rem\">slikt fĂžr pĂ„ bilder</span></h2></a></div></article></div>\n\n\n<p>Men nedgangen i handelsunderskuddet kan tilskrives Ăžkt overskudd i tjenestehandelen, ikke en forbedring i varehandelen, som er det Trump har brukt som argumentasjon for toll.</p>\t\n\n\n\n<p>Handelsunderskuddet i varehandelen var pĂ„ rekordhĂžye 1240 milliarder dollar, som er en Ăžkning pĂ„ 2,1 prosent fra Ă„ret fĂžr. </p>\t\n\n\n\n<p>Fredag kom ogsĂ„ tollavgjĂžrelsen fra HĂžyesterett som det var knyttet stor spenning til. HĂžyesterett fastslo at Trump ikke hadde myndighet til Ă„ innfĂžre tollen, og erklĂŠrte den ugyldig.</p>\t\n\n\n\n<p>Trump svarte med Ă„ umiddelbart innfĂžre en ny global toll pĂ„ 15 prosent.</p>\t\n\n\n\n<p>Likevel har altsĂ„ hans gamle tollregime virket fram til fredag, uten den tiltenkte effekten.</p>\t\n\n\n\n<p>Trump har svĂŠrt lenge vĂŠrt Ă„pen om at han er stor tilhenger av Ă„ innfĂžre toll, som han kaller «det vakreste ordet».</p>\t\n\n\n\n<p class=\"font-weight-bold m-font-weight-bold\" data-lab-font_weight=\"font-weight-bold\">«Jeg foreslĂ„r toll pĂ„ andre land som utnytter oss (...) Disse tollene betales av landet som utnytter oss, IKKE AV DEN AMERIKANSKE FORBRUKEREN», skrev Trump pĂ„ <a href=\"https://x.com/TrumpDailyPosts/status/1849542470582902854\">X </a>under valgkampen i 2024.</p>\t\n<div class=\"row xrow flex-initial\"><div class=\"adunit-wrapper track-element column small-12 medium-12 large-12\" data-from=\"xavier\" id=\"apos-netboard1\"><div class=\"adunit GoogleActiveViewElement small-580x500 medium-580x500 large-580x500\" data-collapse=\"false\" data-expand=\"false\" data-load-on=\"view\" data-out-of-page=\"false\" data-sizes=\"[[580,400],[580,500],"fluid"]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-netboard1\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"netboard1","platform":"wolverine"}}\"></div></div></div>\n\n\n<p>Men tallenes tale er at det ikke stemmer.</p><article class=\" small-12 large-12 medium-12 small-abs-12 large-abs-12 preview-link \" data-element-guid=\"dbf0eb93-7cdb-4bec-9d20-60bfc792b903\" data-instance=\"84270677\" data-section=\"nyheter\" data-site-alias=\"borsen\">\n\n <div class=\"content bg-white color_mobile_bg-white hasContentPadding mobile-hasContentPadding\" style=\"\">\n\n <a href=\"https://borsen.dagbladet.no/nyheter/oker-tollsatsen-igjen-uroen-fortsetter/84270677\" itemprop=\"url\">\n \n <figure class=\"\" data-element-guid=\"15248d94-3e82-4ec3-bc4a-18d11e172ab7\" style=\"--padding-bottom-image: 45.00%; \">\n\n\n <div class=\"img fullwidthTarget \">\n <picture>\n <source height=\"441\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84270682.webp?imageId=84270682&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882&format=webp\" type=\"image/webp\" width=\"980\"> \n <source height=\"441\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84270682.webp?imageId=84270682&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882&format=jpg\" type=\"image/jpeg\" width=\"980\"> \n <source height=\"171\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84270682.webp?imageId=84270682&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=760&height=342&format=webp\" type=\"image/webp\" width=\"380\">\n <source height=\"171\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84270682.webp?imageId=84270682&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=760&height=342&format=jpg\" type=\"image/jpeg\" width=\"380\">\n <img alt=\"\" class=\"lazyload\" data-src=\"https://borsen.dagbladet.no/images/84270682.webp?imageId=84270682&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882\" height=\"441\" style=\"--aspect-ratio-image: 2.22; \" title=\"Ăker tollsatsen igjen: - Uroen fortsetter\" width=\"980\">\n </picture>\n \n </div>\n\n \n\n\n\n</figure>\n\n\n <header data-before-content=\"Les ogsĂ„\">\n <h3 class=\"headline\">Ăker tollsatsen igjen: - Uroen fortsetter</h3>\n\n\n </header>\n <span class=\"arrow\">\n <svg height=\"24\" viewbox=\"0 0 24 17\" width=\"24\" xmlns=\"http://www.w3.org/2000/svg\">\n <g fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-width=\"1.2\">\n <path d=\"M15.4 1l4 3.825 4 3.775-4 3.825-4 3.775\" stroke-linejoin=\"round\"></path>\n <path d=\"M22.2 8.6H1\"></path>\n </g>\n </svg>\n </span>\n </a>\n\n </div>\n\n</article>\n<h3>Amerikanere betaler tollen</h3>\t\n\n\n\n<p>Andreassen viser til at man kan mĂ„le hva varer koster nĂ„r de kommer inn til havner i USA, pĂ„ en importprisindeks. Tanken var at utlendingene mĂ„tte kutte prisene, sĂ„ ble tollen lagt pĂ„ i USA, og prisen ut i den andre enden - til amerikanske forbrukere - ble den samme.</p>\t\n\n\n\n<p>- Det har ikke skjedd, sier Andreassen, og fortsetter:</p>\t\n\n\n\n<p class=\"font-weight-bold m-font-weight-bold\" data-lab-font_weight=\"font-weight-bold\">- Prisene inn til USA er uendret. Varene som kommer inn pĂ„ brygga i USA har samme pris, og nĂ„r de kommer ut av tollageret har de steget med 10-11 prosent. Det er det noen i USA som betaler.</p>\t\n<div class=\"row xrow flex-initial\"><article class=\"column preview columns xavier-preview small-12 medium-12 large-12 native-advertisement\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/annonsorinnhold/v/borsen/xpeng/11143064/\"><div class=\"content-marketing-ribbon\"><h3>AnnonsĂžrinnhold</h3><img alt=\" logo\" class=\"lazyload\" data-src=\"https://www.dagbladet.no/files/2024/02/15/xpeng-logo-2021-2.png\" loading=\"lazy\"></div><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><video autoplay class=\"xre-moving-image\" disableremoteplayback height=\"490\" loop muted playsinline poster=\"https://borsen.dagbladet.no/images/84267374.jpg?imageId=84267374&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&width=980&height=490&compression=70&format=webp\" preload=\"none\" src=\"https://snipp.dbstatic.no/2026/02/23/6a60c900-bb53-425d-9f6d-b9d148504be4/videoplugg_soelve.mp4\" style=\"background: url('https://borsen.dagbladet.no/images/84267374.jpg?imageId=84267374&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&width=980&height=490&compression=70&format=webp') 50% 50% / cover no-repeat;position:relative;object-fit:cover;width:100%;height:100%\" title=\"Illustrasjon: Slik gikk det med elbilen i 40 minus\" width=\"980\"><source src=\"https://snipp.dbstatic.no/2026/02/23/6a60c900-bb53-425d-9f6d-b9d148504be4/videoplugg_soelve.mp4\" type=\"video/mp4\"><source src=\"https://snipp.dbstatic.no/2026/02/23/6a60c900-bb53-425d-9f6d-b9d148504be4/videoplugg_soelve.webm\" type=\"video/webm\"></video></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:3.25em;--xcs-headline-size-md:5.66rem;--xcs-headline-size-lg:5.66rem\">Slik gikk det med</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:3.13em;--xcs-headline-size-md:5.46rem;--xcs-headline-size-lg:5.46rem\">elbilen i 40 minus</span></h2></a></div></article></div>\n\n\n<p>Federal Reserve Bank of New York har ogsĂ„ regnet ut at amerikanere betaler tett pĂ„ hele tollen, skriver <a href=\"https://www.reuters.com/world/us/ny-fed-report-says-americans-pay-almost-all-trumps-tariffs-2026-02-12/?utm_source=chatgpt.com\">Reuters</a>. Fra januar til august i fjor betalte amerikanerne 94 prosent av tollen. Mot slutten av Ă„ret falt det til 86 prosent.</p>\t\n\n\n\n<p>Andreassen sier at dette i realiteten er en skatt som amerikanerne mĂ„ betale, noe som ogsĂ„ var det HĂžyesterett kom fram til. Toll er Ă„ regne som skatter og avgifter, og dette ligger til Kongressen Ă„ vedta. Trump kan med andre ord ikke presse gjennom en slik tollĂžkning uten Kongressens godkjenning, og dermed ble tollsatsene kjent ugyldige.</p><article class=\" small-12 large-12 medium-12 small-abs-12 large-abs-12 preview-link \" data-element-guid=\"fc838235-1d45-4635-b8a0-db0919827f1c\" data-instance=\"84269244\" data-section=\"nyheter\" data-site-alias=\"borsen\">\n\n <div class=\"content bg-white color_mobile_bg-white hasContentPadding mobile-hasContentPadding\" style=\"\">\n\n <a href=\"https://borsen.dagbladet.no/nyheter/varsler-mareritt-blir-kaos/84269244\" itemprop=\"url\">\n \n <figure class=\"\" data-element-guid=\"caa29751-bac8-4df5-a289-277e904170b9\" style=\"--padding-bottom-image: 45.00%; \">\n\n\n <div class=\"img fullwidthTarget \">\n <picture>\n <source height=\"441\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84269585.webp?imageId=84269585&x=0.00&y=0.83&cropw=100.00&croph=71.67&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882&format=webp\" type=\"image/webp\" width=\"980\"> \n <source height=\"441\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84269585.webp?imageId=84269585&x=0.00&y=0.83&cropw=100.00&croph=71.67&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882&format=jpg\" type=\"image/jpeg\" width=\"980\"> \n <source height=\"171\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84269585.webp?imageId=84269585&x=0.00&y=0.83&cropw=100.00&croph=71.67&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=760&height=342&format=webp\" type=\"image/webp\" width=\"380\">\n <source height=\"171\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84269585.webp?imageId=84269585&x=0.00&y=0.83&cropw=100.00&croph=71.67&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=760&height=342&format=jpg\" type=\"image/jpeg\" width=\"380\">\n <img alt=\"\" class=\"lazyload\" data-src=\"https://borsen.dagbladet.no/images/84269585.webp?imageId=84269585&x=0.00&y=0.83&cropw=100.00&croph=71.67&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882\" height=\"441\" style=\"--aspect-ratio-image: 2.22; \" title=\"Varsler mareritt: - Blir kaos\" width=\"980\">\n </picture>\n \n </div>\n\n \n\n\n\n</figure>\n\n\n <header data-before-content=\"Les ogsĂ„\">\n <h3 class=\"headline\">Varsler mareritt: - Blir kaos</h3>\n\n\n </header>\n <span class=\"arrow\">\n <svg height=\"24\" viewbox=\"0 0 24 17\" width=\"24\" xmlns=\"http://www.w3.org/2000/svg\">\n <g fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-width=\"1.2\">\n <path d=\"M15.4 1l4 3.825 4 3.775-4 3.825-4 3.775\" stroke-linejoin=\"round\"></path>\n <path d=\"M22.2 8.6H1\"></path>\n </g>\n </svg>\n </span>\n </a>\n\n </div>\n\n</article>\n<h3>- Toll er tull</h3>\t\n<div class=\"row xrow flex-initial\"><div class=\"adunit-wrapper track-element column small-12 medium-12 large-12\" data-from=\"xavier\" id=\"apos-netboard2\"><div class=\"adunit GoogleActiveViewElement small-580x500 medium-580x500 large-580x500\" data-collapse=\"false\" data-expand=\"false\" data-load-on=\"view\" data-out-of-page=\"false\" data-sizes=\"[[580,400],[580,500],"fluid"]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-netboard2\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"netboard2","platform":"wolverine"}}\"></div></div></div>\n\n\n<p>Andreassen pĂ„peker ogsĂ„ at «alle som regner pĂ„ det» kommer fram til at tollen rammer dem med lavest inntekt mest.</p>\t\n\n\n\n<p class=\"font-weight-bold m-font-weight-bold\" data-lab-font_weight=\"font-weight-bold\">- De bruker mer penger pĂ„ varer enn tjenester, og de kjĂžper billige importvarer. De har fĂ„tt en skikkelig smell, sier Andreassen.</p>\t\n\n\n\n<p>Trumps nye globale toll pĂ„ 15 prosent fĂžrer ifĂžlge Andreassen til at satsene blir omtrent de samme som fĂžr. Litt lavere, men ikke synlig lavere.</p>\t\n\n\n\n<p>- Dermed fortsetter dette tolltullet, med litt andre begrunnelser, sier Andreassen.</p>\t\n\n\n\n<p class=\"italic m-italic\" data-lab-italic=\"italic\">- I lys av tallene - hvordan vil du oppsummere Trumps tollpolitikk?</p>\t\n\n\n\n<div class=\"markup\">\n \n <div class=\"track-element\" id=\"read-75-percentage\"></div>\n \n</div>\n<p>- At toll er tull, som de sier pĂ„ svensk. Det er vanskelig Ă„ finne Ăžkonomer som har tro pĂ„ toll. Det er fordi det bidrar til at produksjonen blir mindre effektiv. Man handler varene der de blir billigst etter toll, ikke der de er billigst Ă„ produsere.</p><article class=\" small-12 large-12 medium-12 small-abs-12 large-abs-12 preview-link \" data-element-guid=\"39e2dc25-07bd-4926-b1b6-94870c18a622\" data-instance=\"84269372\" data-section=\"nyheter\" data-site-alias=\"borsen\">\n\n <div class=\"content bg-white color_mobile_bg-white hasContentPadding mobile-hasContentPadding\" style=\"\">\n\n <a href=\"https://borsen.dagbladet.no/nyheter/raskeste-pa-16-ar/84269372\" itemprop=\"url\">\n \n <figure class=\"\" data-element-guid=\"9b2ef1b9-fb0d-4c46-a038-830c09f62b8a\" style=\"--padding-bottom-image: 45.00%; \">\n\n\n <div class=\"img fullwidthTarget \">\n <picture>\n <source height=\"441\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84269391.webp?imageId=84269391&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882&format=webp\" type=\"image/webp\" width=\"980\"> \n <source height=\"441\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84269391.webp?imageId=84269391&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882&format=jpg\" type=\"image/jpeg\" width=\"980\"> \n <source height=\"171\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84269391.webp?imageId=84269391&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=760&height=342&format=webp\" type=\"image/webp\" width=\"380\">\n <source height=\"171\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84269391.webp?imageId=84269391&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=760&height=342&format=jpg\" type=\"image/jpeg\" width=\"380\">\n <img alt=\"\" class=\"lazyload\" data-src=\"https://borsen.dagbladet.no/images/84269391.webp?imageId=84269391&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882\" height=\"441\" style=\"--aspect-ratio-image: 2.22; \" title=\"Raskeste pĂ„ 16 Ă„r\" width=\"980\">\n </picture>\n \n </div>\n\n \n\n\n\n</figure>\n\n\n <header data-before-content=\"Les ogsĂ„\">\n <h3 class=\"headline\">Raskeste pĂ„ 16 Ă„r </h3>\n\n\n </header>\n <span class=\"arrow\">\n <svg height=\"24\" viewbox=\"0 0 24 17\" width=\"24\" xmlns=\"http://www.w3.org/2000/svg\">\n <g fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-width=\"1.2\">\n <path d=\"M15.4 1l4 3.825 4 3.775-4 3.825-4 3.775\" stroke-linejoin=\"round\"></path>\n <path d=\"M22.2 8.6H1\"></path>\n </g>\n </svg>\n </span>\n </a>\n\n </div>\n\n</article>\n<h3>- SpektakulĂŠrt</h3>\t\n<div class=\"row xrow flex-initial\"><div class=\"adunit-wrapper track-element column small-12 medium-12 large-12\" data-from=\"xavier\" id=\"apos-netboard3\"><div class=\"adunit GoogleActiveViewElement small-580x500 medium-580x500 large-580x500\" data-collapse=\"false\" data-expand=\"false\" data-load-on=\"view\" data-out-of-page=\"false\" data-sizes=\"[[580,400],[580,500],"fluid"]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-netboard3\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"netboard3","platform":"wolverine"}}\"></div></div></div>\n\n\n<p>Den amerikanske Ăžkonomien som helhet gĂ„r helt ok. I fjor steg bruttonasjonalproduktet med 2,2 prosent.</p>\t\n\n\n\n<p>- Det har ikke vĂŠrt noe kanonĂ„r som Trump prĂžver Ă„ si. Det har ikke det. Men Ăžkonomien er ikke svak, sier Andreassen.</p>\t\n\n\n\n<p>Arbeidsledigheten er lav, mens det som kan gi grunn til Ă„ klage litt er at inntektsutviklingen til amerikanere er litt svak, og at forbruket begynner Ă„ svekkes litt.</p>\t\n\n\n\n<p class=\"font-weight-bold m-font-weight-bold\" data-lab-font_weight=\"font-weight-bold\">- USA har hatt griseflaks. Tollen har rammet dem selv, men de har fĂ„tt et veldig vekstbidrag i investering i KI, sier Andreassen.</p>\t\n\n\n\n<p>Investering i KI stĂ„r for rundt halvparten av veksten pĂ„ 1,1 prosent.</p>\t\n\n\n\n<p>- Det er spektakulĂŠrt. Det kan vĂŠre en god nyhet, at man har funnet nye produkter som gir nytte. Men investeringene kan bli for hĂžye, alle skal sette i gang samtidig, sĂ„ smellen kan komme, sier Andreassen, og legger til:</p>\t\n<div class=\"row xrow flex-initial\"><div class=\"adunit-wrapper track-element column small-12 medium-12 large-12\" data-from=\"xavier\" id=\"apos-netboard4\"><div class=\"adunit GoogleActiveViewElement small-580x500 medium-580x500 large-580x500\" data-collapse=\"false\" data-expand=\"false\" data-load-on=\"view\" data-out-of-page=\"false\" data-sizes=\"[[580,400],[580,500],"fluid"]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-netboard4\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"netboard4","platform":"wolverine"}}\"></div></div></div>\n\n\n<p>- Risikoen er ikke helt borte, men sĂ„ langt ser det ut til Ă„ gĂ„ helt greit i sum.</p>\t\n\n\n\n\n\n \n\n \n</div>\n\n\n \n\n <div class=\"page-content\" data-element-guid=\"11e81815-15a5-405f-b212-9decec20cfb3\"></div>\n\n\n <div class=\"bodytext large-12 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GoogleActiveViewElement small-580x500 medium-580x500 large-580x500\" data-collapse=\"false\" data-expand=\"false\" data-load-on=\"view\" data-out-of-page=\"false\" data-sizes=\"[[580,400],[580,500],"fluid"]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-netboardB1\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"netboardB1","platform":"wolverine"}}\"></div></div><div class=\"xavier columns small-4 medium-4 large-4\"><div class=\"row xrow flex-column\"><article class=\"column preview columns xavier-preview small-12 medium-12 large-12\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/advarer-vesten-vil-bli-eliminert/84250152\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84250174&panow=84&panoh=57.33&panox=5.78&panoy=6.02&heightw=43.33&heighth=100&heighty=0&heightx=19.33&compression=70&format=webp&width=320&height=160 1.0x, https://borsen.dagbladet.no/images/?imageId=84250174&panow=84&panoh=57.33&panox=5.78&panoy=6.02&heightw=43.33&heighth=100&heighty=0&heightx=19.33&compression=70&format=webp&width=480&height=240 1.5x, https://borsen.dagbladet.no/images/?imageId=84250174&panow=84&panoh=57.33&panox=5.78&panoy=6.02&heightw=43.33&heighth=100&heighty=0&heightx=19.33&compression=70&format=webp&width=640&height=320 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: Ut mot Vesten: - Tester grensene for vĂ„r tĂ„lmodighet\" fetchpriority=\"high\" height=\"160\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84250174&panow=84&panoh=57.33&panox=5.78&panoy=6.02&heightw=43.33&heighth=100&heighty=0&heightx=19.33\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"320\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.16em;--xcs-headline-size-md:3.63em;--xcs-headline-size-lg:3.63rem\">Ut mot Vesten:</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:0.95em;--xcs-headline-size-md:2.99em;--xcs-headline-size-lg:2.99rem\">- Tester grensene</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:0.87em;--xcs-headline-size-md:2.74em;--xcs-headline-size-lg:2.74rem\">for vĂ„r tĂ„lmodighet</span></h2></a></div></article><article class=\"column preview columns xavier-preview small-12 medium-12 large-12\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/forlot-middag-hamret-los/84271645\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84271651&panow=100&panoh=100&panox=0&panoy=0&heightx=0&heighty=0&heighth=100&heightw=100&compression=70&format=webp&width=320&height=160 1.0x, https://borsen.dagbladet.no/images/?imageId=84271651&panow=100&panoh=100&panox=0&panoy=0&heightx=0&heighty=0&heighth=100&heightw=100&compression=70&format=webp&width=480&height=240 1.5x, https://borsen.dagbladet.no/images/?imageId=84271651&panow=100&panoh=100&panox=0&panoy=0&heightx=0&heighty=0&heighth=100&heightw=100&compression=70&format=webp&width=640&height=320 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: AvslĂžrer Davos-drama: - Ble for mye\" fetchpriority=\"high\" height=\"160\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84271651&panow=100&panoh=100&panox=0&panoy=0&heightx=0&heighty=0&heighth=100&heightw=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"320\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:0.75em;--xcs-headline-size-md:2.34em;--xcs-headline-size-lg:2.34rem\">AvslĂžrer Davos-drama:</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.31em;--xcs-headline-size-md:4.11em;--xcs-headline-size-lg:4.11rem\">- Ble for mye</span></h2></a></div></article></div></div></div><div class=\"row xrow flex-initial\"><article class=\"column preview columns xavier-preview small-6 medium-6 large-6\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/varsler-mareritt-blir-kaos/84269244\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:52.48%;aspect-ratio:1.91\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84269585&panox=0&panow=100&panoh=71.67&panoy=0.83&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=484&height=254 1.0x, https://borsen.dagbladet.no/images/?imageId=84269585&panox=0&panow=100&panoh=71.67&panoy=0.83&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=726&height=381 1.5x, https://borsen.dagbladet.no/images/?imageId=84269585&panox=0&panow=100&panoh=71.67&panoy=0.83&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=968&height=508 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: Varsler mareritt: - Blir kaos\" fetchpriority=\"high\" height=\"254\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84269585&panox=0&panow=100&panoh=71.67&panoy=0.83&heighty=0&heightx=0&heightw=100&heighth=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"484\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.70em;--xcs-headline-size-md:4.96em;--xcs-headline-size-lg:4.96rem\">Varsler mareritt:</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:2.74em;--xcs-headline-size-md:8.01em;--xcs-headline-size-lg:8.01rem\">- Blir kaos</span></h2></a></div></article><article class=\"column preview columns xavier-preview small-6 medium-6 large-6\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/trodde-han-skulle-eksplodere/84268885\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84268925&panow=88&panoy=13.75&panoh=67.89&panox=12&heightw=38.1&heighth=100&heightx=46.33&heighty=0&compression=70&format=webp&width=484&height=242 1.0x, https://borsen.dagbladet.no/images/?imageId=84268925&panow=88&panoy=13.75&panoh=67.89&panox=12&heightw=38.1&heighth=100&heightx=46.33&heighty=0&compression=70&format=webp&width=726&height=363 1.5x, https://borsen.dagbladet.no/images/?imageId=84268925&panow=88&panoy=13.75&panoh=67.89&panox=12&heightw=38.1&heighth=100&heightx=46.33&heighty=0&compression=70&format=webp&width=968&height=484 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: Fikk tollbomba pĂ„ lapp: - Trodde han skulle eksplodere\" fetchpriority=\"high\" height=\"242\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84268925&panow=88&panoy=13.75&panoh=67.89&panox=12&heightw=38.1&heighth=100&heightx=46.33&heighty=0\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"484\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.57em;--xcs-headline-size-md:4.60em;--xcs-headline-size-lg:4.60rem\">Fikk tollbomba pĂ„</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.54em;--xcs-headline-size-md:4.50em;--xcs-headline-size-lg:4.50rem\">lapp: - Trodde han</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.58em;--xcs-headline-size-md:4.64em;--xcs-headline-size-lg:4.64rem\">skulle eksplodere</span></h2></a></div></article></div><div class=\"row xrow flex-initial\"><article class=\"column preview columns xavier-preview small-5 medium-5 large-5\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/eu-tar-tollgrep/84275787\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84275762&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightw=100&heighth=100&heightx=0&compression=70&format=webp&width=402&height=201 1.0x, https://borsen.dagbladet.no/images/?imageId=84275762&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightw=100&heighth=100&heightx=0&compression=70&format=webp&width=603&height=302 1.5x, https://borsen.dagbladet.no/images/?imageId=84275762&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightw=100&heighth=100&heightx=0&compression=70&format=webp&width=804&height=402 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: EU tar tollgrep\" fetchpriority=\"high\" height=\"201\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84275762&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightw=100&heighth=100&heightx=0\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"402\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:3.63em;--xcs-headline-size-md:10.90em;--xcs-headline-size-lg:10.90rem\">EU tar</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:2.91em;--xcs-headline-size-md:8.73em;--xcs-headline-size-lg:8.73rem\">tollgrep</span></h2></a></div></article><article class=\"column preview columns xavier-preview small-7 medium-7 large-7\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/kjoper-stadig-mer-av-usas-gjeld/84165013\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:55.93%;aspect-ratio:1.79\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84165018&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=565&height=316 1.0x, https://borsen.dagbladet.no/images/?imageId=84165018&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=848&height=474 1.5x, https://borsen.dagbladet.no/images/?imageId=84165018&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=1130&height=632 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: KjĂžper stadig mer av USAs gjeld\" fetchpriority=\"high\" height=\"316\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84165018&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"565\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.87em;--xcs-headline-size-md:5.38em;--xcs-headline-size-lg:5.38rem\">KjĂžper stadig mer</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:2.45em;--xcs-headline-size-md:7.04em;--xcs-headline-size-lg:7.04rem\">av USAs gjeld</span></h2></a></div></article></div><div class=\"row xrow flex-initial\"><div class=\"adunit-wrapper track-element column small-8 medium-8 large-8\" data-from=\"xavier\" id=\"apos-netboardB2\"><div class=\"adunit GoogleActiveViewElement small-580x500 medium-580x500 large-580x500\" data-collapse=\"false\" data-expand=\"false\" data-load-on=\"view\" data-out-of-page=\"false\" data-sizes=\"[[580,400],[580,500],"fluid"]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-netboardB2\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"netboardB2","platform":"wolverine"}}\"></div></div><div class=\"xavier columns small-4 medium-4 large-4\"><div class=\"row xrow flex-column\"><article class=\"column preview columns xavier-preview small-12 medium-12 large-12\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/usa-vi-har-kontroll/84067434\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84067462&panox=0&panoy=30.54&panoh=63.55&panow=100&heighty=0&heightx=6.09&heightw=46.67&heighth=100&compression=70&format=webp&width=320&height=160 1.0x, https://borsen.dagbladet.no/images/?imageId=84067462&panox=0&panoy=30.54&panoh=63.55&panow=100&heighty=0&heightx=6.09&heightw=46.67&heighth=100&compression=70&format=webp&width=480&height=240 1.5x, https://borsen.dagbladet.no/images/?imageId=84067462&panox=0&panoy=30.54&panoh=63.55&panow=100&heighty=0&heightx=6.09&heightw=46.67&heighth=100&compression=70&format=webp&width=640&height=320 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: NĂ
: Dramatisk utvikling\" fetchpriority=\"high\" height=\"160\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84067462&panox=0&panoy=30.54&panoh=63.55&panow=100&heighty=0&heightx=6.09&heightw=46.67&heighth=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"320\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.18em;--xcs-headline-size-md:3.69em;--xcs-headline-size-lg:3.69rem\">NĂ
: Dramatisk</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.97em;--xcs-headline-size-md:6.17em;--xcs-headline-size-lg:6.17rem\">utvikling</span></h2></a></div></article><article class=\"column preview columns xavier-preview small-12 medium-12 large-12\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/slakter-trump-en-logner/84109818\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84109856&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighty=0&heightx=0&heighth=100&compression=70&format=webp&width=320&height=160 1.0x, https://borsen.dagbladet.no/images/?imageId=84109856&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighty=0&heightx=0&heighth=100&compression=70&format=webp&width=480&height=240 1.5x, https://borsen.dagbladet.no/images/?imageId=84109856&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighty=0&heightx=0&heighth=100&compression=70&format=webp&width=640&height=320 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: Slakter Trump: - En lĂžgner\" fetchpriority=\"high\" height=\"160\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84109856&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighty=0&heightx=0&heighth=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"320\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.13em;--xcs-headline-size-md:3.55em;--xcs-headline-size-lg:3.55rem\">Slakter Trump:</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.56em;--xcs-headline-size-md:4.87em;--xcs-headline-size-lg:4.87rem\">- En lĂžgner</span></h2></a></div></article></div></div></div><div class=\"row xrow flex-initial\"><article class=\"column preview columns xavier-preview small-6 medium-6 large-6\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/har-tatt-kontroll-apenbart-brudd/84095367\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:76.03%;aspect-ratio:1.32\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84095387&panow=100&panoh=100&panoy=0&panox=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=484&height=368 1.0x, https://borsen.dagbladet.no/images/?imageId=84095387&panow=100&panoh=100&panoy=0&panox=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=726&height=552 1.5x, https://borsen.dagbladet.no/images/?imageId=84095387&panow=100&panoh=100&panoy=0&panox=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=968&height=736 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: Har tatt kontroll: - Ă
penbart brudd\" fetchpriority=\"high\" height=\"368\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84095387&panow=100&panoh=100&panoy=0&panox=0&heighty=0&heightx=0&heightw=100&heighth=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"484\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.68em;--xcs-headline-size-md:4.90em;--xcs-headline-size-lg:4.90rem\">Har tatt kontroll:</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.66em;--xcs-headline-size-md:4.85em;--xcs-headline-size-lg:4.85rem\">- Ă
penbart brudd</span></h2></a></div></article><article class=\"column preview columns xavier-preview small-6 medium-6 large-6\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/starten-pa-slutten/84112841\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84113086&panoy=0&panox=0&panow=100&panoh=100&heightx=0&heightw=100&heighth=100&heighty=0&compression=70&format=webp&width=484&height=242 1.0x, https://borsen.dagbladet.no/images/?imageId=84113086&panoy=0&panox=0&panow=100&panoh=100&heightx=0&heightw=100&heighth=100&heighty=0&compression=70&format=webp&width=726&height=363 1.5x, https://borsen.dagbladet.no/images/?imageId=84113086&panoy=0&panox=0&panow=100&panoh=100&heightx=0&heightw=100&heighth=100&heighty=0&compression=70&format=webp&width=968&height=484 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: - Starten pĂ„ slutten\" fetchpriority=\"high\" height=\"242\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84113086&panoy=0&panox=0&panow=100&panoh=100&heightx=0&heightw=100&heighth=100&heighty=0\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"484\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:3.24em;--xcs-headline-size-md:9.48em;--xcs-headline-size-lg:9.48rem\">- Starten</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:2.80em;--xcs-headline-size-md:8.20em;--xcs-headline-size-lg:8.20rem\">pĂ„ slutten</span></h2></a></div></article></div><div class=\"row xrow flex-initial\"><article class=\"column preview columns xavier-preview small-5 medium-5 large-5\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/stuper-begynner-a-smerte/84162262\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:140.30%;aspect-ratio:0.71\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84162342&panoy=0&panox=0&panoh=71.67&panow=100&heighty=0&heightx=23.25&heightw=41.43&heighth=100&compression=70&format=webp&width=402&height=564 1.0x, https://borsen.dagbladet.no/images/?imageId=84162342&panoy=0&panox=0&panoh=71.67&panow=100&heighty=0&heightx=23.25&heightw=41.43&heighth=100&compression=70&format=webp&width=603&height=846 1.5x, https://borsen.dagbladet.no/images/?imageId=84162342&panoy=0&panox=0&panoh=71.67&panow=100&heighty=0&heightx=23.25&heightw=41.43&heighth=100&compression=70&format=webp&width=804&height=1128 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: NĂŠr kollaps: - Helt krise\" fetchpriority=\"high\" height=\"564\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84162342&panoy=0&panox=0&panoh=71.67&panow=100&heighty=0&heightx=23.25&heightw=41.43&heighth=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"402\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.78em;--xcs-headline-size-md:5.34em;--xcs-headline-size-lg:5.34rem\">NĂŠr kollaps:</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:2.04em;--xcs-headline-size-md:6.11em;--xcs-headline-size-lg:6.11rem\">- Helt krise</span></h2></a></div></article><article class=\"column preview columns xavier-preview small-7 medium-7 large-7\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/raser-pinlig/84257064\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:49.91%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84257207&panoy=0.38&panox=2.67&panow=88&panoh=63.24&heightx=19.11&heightw=41.43&heighth=100&heighty=0&compression=70&format=webp&width=565&height=282 1.0x, https://borsen.dagbladet.no/images/?imageId=84257207&panoy=0.38&panox=2.67&panow=88&panoh=63.24&heightx=19.11&heightw=41.43&heighth=100&heighty=0&compression=70&format=webp&width=848&height=423 1.5x, https://borsen.dagbladet.no/images/?imageId=84257207&panoy=0.38&panox=2.67&panow=88&panoh=63.24&heightx=19.11&heightw=41.43&heighth=100&heighty=0&compression=70&format=webp&width=1130&height=564 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: Raser: - Pinlig\" fetchpriority=\"high\" height=\"282\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84257207&panoy=0.38&panox=2.67&panow=88&panoh=63.24&heightx=19.11&heightw=41.43&heighth=100&heighty=0\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"565\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:5.31em;--xcs-headline-size-md:15.24em;--xcs-headline-size-lg:15.24rem\">Raser:</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:4.83em;--xcs-headline-size-md:13.86em;--xcs-headline-size-lg:13.86rem\">- Pinlig</span></h2></a></div></article></div><div class=\"row xrow flex-initial\"><article class=\"column preview columns xavier-preview small-7 medium-7 large-7\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/slakter-trump-i-hemmelige-opptak/84147521\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:49.91%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84147621&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=565&height=282 1.0x, https://borsen.dagbladet.no/images/?imageId=84147621&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=848&height=423 1.5x, https://borsen.dagbladet.no/images/?imageId=84147621&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=1130&height=564 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: Hemmelig opptak: - Faen ta deg, Ted!\" fetchpriority=\"high\" height=\"282\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84147621&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"565\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.87em;--xcs-headline-size-md:5.37em;--xcs-headline-size-lg:5.37rem\">Hemmelig opptak:</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.81em;--xcs-headline-size-md:5.19em;--xcs-headline-size-lg:5.19rem\">- Faen ta deg, Ted!</span></h2></a></div></article><article class=\"column preview columns xavier-preview small-5 medium-5 large-5\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/raskeste-pa-16-ar/84269372\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:51.24%;aspect-ratio:1.95\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84269391&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighth=100&heightx=0&heighty=0&compression=70&format=webp&width=402&height=206 1.0x, https://borsen.dagbladet.no/images/?imageId=84269391&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighth=100&heightx=0&heighty=0&compression=70&format=webp&width=603&height=309 1.5x, https://borsen.dagbladet.no/images/?imageId=84269391&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighth=100&heightx=0&heighty=0&compression=70&format=webp&width=804&height=412 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: Raskeste pĂ„ 16 Ă„r\" fetchpriority=\"high\" height=\"206\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84269391&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighth=100&heightx=0&heighty=0\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"402\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:2.48em;--xcs-headline-size-md:7.43em;--xcs-headline-size-lg:7.43rem\">Raskeste</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:2.62em;--xcs-headline-size-md:7.85em;--xcs-headline-size-lg:7.85rem\">pĂ„ 16 Ă„r</span></h2></a></div></article></div>\n\n\n\n </div>\n\n </main>\n\n <template class=\"definitionTemplate\">\n <div class=\"definitionPopup\">\n <div class=\"definitionInfo\">\n <p></p>\n <span></span>\n <button class=\"definitionClose\">â</button>\n </div>\n </div>\n </template>\n\n <div class=\"ad-coupon-links-wrapper ios-app-hide\">\n <div class=\"ad-coupon-links \">\n <div class=\"coupon_heading\">AnnonsĂžrinnhold:</div>\n <ul>\n <li><a class=\"button neutral small\" href=\"https://www.plussmobil.no?channel=allersites_footer\" target=\"_blank\">PlussMobil</a></li>\n <li><a class=\"button neutral small\" href=\"https://www.dagbladet.no/annonse/omstartslan/83615767\" target=\"_blank\">OMSTARTSLĂ
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Version 1
2026-02-23 15:40:22
- En skikkelig smell
NEW
Author: Lars Martin Gimse
Published: 2026-02-23 14:48:05
Updated: 2026-02-23 14:48:05
đ Summary
Donald Trumps toll skulle fÄ ned handelsunderskuddet, og utlendingene skulle betale. SÄnn har det ikke gÄtt.
đ Full Content (5098 chars)
Kort fortalt
Donald Trumps tollpolitikk har ikke redusert USAs handelsunderskudd som planlagt.
HÞyesterett erklÊrte Trumps toll ugyldig, men han innfÞrte umiddelbart en ny global toll pÄ 15 prosent.
Amerikanerne betaler nesten hele tollen, noe som i praksis fungerer som en skatt.
Ăkonomien i USA gĂ„r greit, men tollene har rammet lavinntektsgrupper hardest.
Sammendraget er laget av ChatGPT og godkjent av BĂžrsen.
- To ting har skjedd: Handelsunderskuddet er ikke endret, og utlendingene har ikke betalt, sier sjefĂžkonom Harald Magnus Andreassen i Sparebank 1 Markets, til BĂžrsen.
Tall for 2025, som kom like fÞr helga, viser at Donald Trumps tollregime sÄ langt ikke har lyktes Ä oppnÄ det han Þnsker: Redusere handelsunderskuddet til USA.
Riktignok falt det samlede handelsunderskuddet, som er vare- og tjenestehandel, fra 903 milliarder dollar i 2024 til 901 milliarder dollar i 2025, skriver New York Times.
Tap i retten
Men nedgangen i handelsunderskuddet kan tilskrives Ăžkt overskudd i tjenestehandelen, ikke en forbedring i varehandelen, som er det Trump har brukt som argumentasjon for toll.
Handelsunderskuddet i varehandelen var pÄ rekordhÞye 1240 milliarder dollar, som er en Þkning pÄ 2,1 prosent fra Äret fÞr.
Fredag kom ogsÄ tollavgjÞrelsen fra HÞyesterett som det var knyttet stor spenning til. HÞyesterett fastslo at Trump ikke hadde myndighet til Ä innfÞre tollen, og erklÊrte den ugyldig.
Trump svarte med Ä umiddelbart innfÞre en ny global toll pÄ 15 prosent.
Likevel har altsÄ hans gamle tollregime virket fram til fredag, uten den tiltenkte effekten.
Trump har svÊrt lenge vÊrt Äpen om at han er stor tilhenger av Ä innfÞre toll, som han kaller «det vakreste ordet».
«Jeg foreslÄr toll pÄ andre land som utnytter oss (...) Disse tollene betales av landet som utnytter oss, IKKE AV DEN AMERIKANSKE FORBRUKEREN», skrev Trump pÄ X under valgkampen i 2024.
Men tallenes tale er at det ikke stemmer.
Amerikanere betaler tollen
Andreassen viser til at man kan mÄle hva varer koster nÄr de kommer inn til havner i USA, pÄ en importprisindeks. Tanken var at utlendingene mÄtte kutte prisene, sÄ ble tollen lagt pÄ i USA, og prisen ut i den andre enden - til amerikanske forbrukere - ble den samme.
- Det har ikke skjedd, sier Andreassen, og fortsetter:
- Prisene inn til USA er uendret. Varene som kommer inn pÄ brygga i USA har samme pris, og nÄr de kommer ut av tollageret har de steget med 10-11 prosent. Det er det noen i USA som betaler.
Federal Reserve Bank of New York har ogsÄ regnet ut at amerikanere betaler tett pÄ hele tollen, skriver Reuters. Fra januar til august i fjor betalte amerikanerne 94 prosent av tollen. Mot slutten av Äret falt det til 86 prosent.
Andreassen sier at dette i realiteten er en skatt som amerikanerne mÄ betale, noe som ogsÄ var det HÞyesterett kom fram til. Toll er Ä regne som skatter og avgifter, og dette ligger til Kongressen Ä vedta. Trump kan med andre ord ikke presse gjennom en slik tollÞkning uten Kongressens godkjenning, og dermed ble tollsatsene kjent ugyldige.
- Toll er tull
Andreassen pÄpeker ogsÄ at «alle som regner pÄ det» kommer fram til at tollen rammer dem med lavest inntekt mest.
- De bruker mer penger pÄ varer enn tjenester, og de kjÞper billige importvarer. De har fÄtt en skikkelig smell, sier Andreassen.
Trumps nye globale toll pÄ 15 prosent fÞrer ifÞlge Andreassen til at satsene blir omtrent de samme som fÞr. Litt lavere, men ikke synlig lavere.
- Dermed fortsetter dette tolltullet, med litt andre begrunnelser, sier Andreassen.
- I lys av tallene - hvordan vil du oppsummere Trumps tollpolitikk?
- At toll er tull, som de sier pÄ svensk. Det er vanskelig Ä finne Þkonomer som har tro pÄ toll. Det er fordi det bidrar til at produksjonen blir mindre effektiv. Man handler varene der de blir billigst etter toll, ikke der de er billigst Ä produsere.
- SpektakulĂŠrt
Den amerikanske Þkonomien som helhet gÄr helt ok. I fjor steg bruttonasjonalproduktet med 2,2 prosent.
- Det har ikke vÊrt noe kanonÄr som Trump prÞver Ä si. Det har ikke det. Men Þkonomien er ikke svak, sier Andreassen.
Arbeidsledigheten er lav, mens det som kan gi grunn til Ă„ klage litt er at inntektsutviklingen til amerikanere er litt svak, og at forbruket begynner Ă„ svekkes litt.
- USA har hatt griseflaks. Tollen har rammet dem selv, men de har fÄtt et veldig vekstbidrag i investering i KI, sier Andreassen.
Investering i KI stÄr for rundt halvparten av veksten pÄ 1,1 prosent.
- Det er spektakulÊrt. Det kan vÊre en god nyhet, at man har funnet nye produkter som gir nytte. Men investeringene kan bli for hÞye, alle skal sette i gang samtidig, sÄ smellen kan komme, sier Andreassen, og legger til:
- Risikoen er ikke helt borte, men sÄ langt ser det ut til Ä gÄ helt greit i sum.
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"content" : "## Kort fortalt\n\nDonald Trumps tollpolitikk har ikke redusert USAs handelsunderskudd som planlagt.\n\nHĂžyesterett erklĂŠrte Trumps toll ugyldig, men han innfĂžrte umiddelbart en ny global toll pĂ„ 15 prosent.\n\nAmerikanerne betaler nesten hele tollen, noe som i praksis fungerer som en skatt.\n\nĂkonomien i USA gĂ„r greit, men tollene har rammet lavinntektsgrupper hardest.\n\nSammendraget er laget av ChatGPT og godkjent av BĂžrsen.\n\n\\- To ting har skjedd: Handelsunderskuddet er ikke endret, og utlendingene har ikke betalt, sier sjefĂžkonom Harald Magnus Andreassen i Sparebank 1 Markets, til BĂžrsen.\n\nTall for 2025, som kom like fĂžr helga, viser at Donald Trumps tollregime sĂ„ langt ikke har lyktes Ă„ oppnĂ„ det han Ăžnsker: Redusere handelsunderskuddet til USA.\n\nRiktignok falt det samlede handelsunderskuddet, som er vare\\- og tjenestehandel, fra 903 milliarder dollar i 2024 til 901 milliarder dollar i 2025, skriver [New York Times. ](https://www.nytimes.com/2026/02/19/business/economy/imports-tariffs-trade-deficit.html)\n\n### Tap i retten\n\nMen nedgangen i handelsunderskuddet kan tilskrives Ăžkt overskudd i tjenestehandelen, ikke en forbedring i varehandelen, som er det Trump har brukt som argumentasjon for toll.\n\nHandelsunderskuddet i varehandelen var pĂ„ rekordhĂžye 1240 milliarder dollar, som er en Ăžkning pĂ„ 2,1 prosent fra Ă„ret fĂžr.\n\nFredag kom ogsĂ„ tollavgjĂžrelsen fra HĂžyesterett som det var knyttet stor spenning til. HĂžyesterett fastslo at Trump ikke hadde myndighet til Ă„ innfĂžre tollen, og erklĂŠrte den ugyldig.\n\nTrump svarte med Ă„ umiddelbart innfĂžre en ny global toll pĂ„ 15 prosent.\n\nLikevel har altsĂ„ hans gamle tollregime virket fram til fredag, uten den tiltenkte effekten.\n\nTrump har svĂŠrt lenge vĂŠrt Ă„pen om at han er stor tilhenger av Ă„ innfĂžre toll, som han kaller «det vakreste ordet».\n\n«Jeg foreslĂ„r toll pĂ„ andre land som utnytter oss \\(...\\) Disse tollene betales av landet som utnytter oss, IKKE AV DEN AMERIKANSKE FORBRUKEREN», skrev Trump pĂ„ [X ](https://x.com/TrumpDailyPosts/status/1849542470582902854)under valgkampen i 2024.\n\nMen tallenes tale er at det ikke stemmer.\n\n### Amerikanere betaler tollen\n\nAndreassen viser til at man kan mĂ„le hva varer koster nĂ„r de kommer inn til havner i USA, pĂ„ en importprisindeks. Tanken var at utlendingene mĂ„tte kutte prisene, sĂ„ ble tollen lagt pĂ„ i USA, og prisen ut i den andre enden \\- til amerikanske forbrukere \\- ble den samme.\n\n\\- Det har ikke skjedd, sier Andreassen, og fortsetter:\n\n\\- Prisene inn til USA er uendret. Varene som kommer inn pĂ„ brygga i USA har samme pris, og nĂ„r de kommer ut av tollageret har de steget med 10\\-11 prosent. Det er det noen i USA som betaler.\n\nFederal Reserve Bank of New York har ogsĂ„ regnet ut at amerikanere betaler tett pĂ„ hele tollen, skriver [Reuters](https://www.reuters.com/world/us/ny-fed-report-says-americans-pay-almost-all-trumps-tariffs-2026-02-12/?utm_source=chatgpt.com). Fra januar til august i fjor betalte amerikanerne 94 prosent av tollen. Mot slutten av Ă„ret falt det til 86 prosent.\n\nAndreassen sier at dette i realiteten er en skatt som amerikanerne mĂ„ betale, noe som ogsĂ„ var det HĂžyesterett kom fram til. Toll er Ă„ regne som skatter og avgifter, og dette ligger til Kongressen Ă„ vedta. Trump kan med andre ord ikke presse gjennom en slik tollĂžkning uten Kongressens godkjenning, og dermed ble tollsatsene kjent ugyldige.\n\n### \\- Toll er tull\n\nAndreassen pĂ„peker ogsĂ„ at «alle som regner pĂ„ det» kommer fram til at tollen rammer dem med lavest inntekt mest.\n\n\\- De bruker mer penger pĂ„ varer enn tjenester, og de kjĂžper billige importvarer. De har fĂ„tt en skikkelig smell, sier Andreassen.\n\nTrumps nye globale toll pĂ„ 15 prosent fĂžrer ifĂžlge Andreassen til at satsene blir omtrent de samme som fĂžr. Litt lavere, men ikke synlig lavere.\n\n\\- Dermed fortsetter dette tolltullet, med litt andre begrunnelser, sier Andreassen.\n\n\\- I lys av tallene \\- hvordan vil du oppsummere Trumps tollpolitikk?\n\n\\- At toll er tull, som de sier pĂ„ svensk. Det er vanskelig Ă„ finne Ăžkonomer som har tro pĂ„ toll. Det er fordi det bidrar til at produksjonen blir mindre effektiv. Man handler varene der de blir billigst etter toll, ikke der de er billigst Ă„ produsere.\n\n### \\- SpektakulĂŠrt\n\nDen amerikanske Ăžkonomien som helhet gĂ„r helt ok. I fjor steg bruttonasjonalproduktet med 2,2 prosent.\n\n\\- Det har ikke vĂŠrt noe kanonĂ„r som Trump prĂžver Ă„ si. Det har ikke det. Men Ăžkonomien er ikke svak, sier Andreassen.\n\nArbeidsledigheten er lav, mens det som kan gi grunn til Ă„ klage litt er at inntektsutviklingen til amerikanere er litt svak, og at forbruket begynner Ă„ svekkes litt.\n\n\\- USA har hatt griseflaks. Tollen har rammet dem selv, men de har fĂ„tt et veldig vekstbidrag i investering i KI, sier Andreassen.\n\nInvestering i KI stĂ„r for rundt halvparten av veksten pĂ„ 1,1 prosent.\n\n\\- Det er spektakulĂŠrt. Det kan vĂŠre en god nyhet, at man har funnet nye produkter som gir nytte. Men investeringene kan bli for hĂžye, alle skal sette i gang samtidig, sĂ„ smellen kan komme, sier Andreassen, og legger til:\n\n\\- Risikoen er ikke helt borte, men sĂ„ langt ser det ut til Ă„ gĂ„ helt greit i sum.",
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<h1 class="headline mainTitle t84" style=""><span class="t119 tm45" data-lab-text_size_desktop="119" data-lab-text_size_mobile="45">Trumps «tolltull»:</span> <span class="t102 tm39" data-lab-text_size_desktop="102" data-lab-text_size_mobile="39">- En skikkelig smell</span></h1>
<h2 class="subtitle " style="">Donald Trumps toll skulle fÄ ned handelsunderskuddet, og utlendingene skulle betale. SÄnn har det ikke gÄtt.</h2>
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<figcaption class="" itemprop="caption">ELSKER TOLL: Donald Trump er veldig glad i Ä bruke toll. Fredag gikk han pÄ et tap i HÞyesterett, der tollsatsene hans ble kjent ugydlig. Trump svarte med Ä innfÞre en ny, global toll. Foto: Kevin Lamarque / Retuers / NTB</figcaption>
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<p lang="nb-NO">Donald Trumps tollpolitikk har ikke redusert USAs handelsunderskudd som planlagt.</p><p lang="nb-NO">HĂžyesterett erklĂŠrte Trumps toll ugyldig, men han innfĂžrte umiddelbart en ny global toll pĂ„ 15 prosent.</p><p lang="nb-NO">Amerikanerne betaler nesten hele tollen, noe som i praksis fungerer som en skatt.</p><p lang="nb-NO">Ăkonomien i USA gĂ„r greit, men tollene har rammet lavinntektsgrupper hardest.</p><p class="italic ai-disclaimer" data-lab-italic="italic">Sammendraget er laget av ChatGPT og godkjent av BĂžrsen.</p>
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<p class="font-weight-bold m-font-weight-bold" data-lab-font_weight="font-weight-bold">- To ting har skjedd: Handelsunderskuddet er ikke endret, og utlendingene har ikke betalt, sier sjefĂžkonom Harald Magnus Andreassen i Sparebank 1 Markets, til BĂžrsen.</p>
<p>Tall for 2025, som kom like fÞr helga, viser at Donald Trumps tollregime sÄ langt ikke har lyktes Ä oppnÄ det han Þnsker: Redusere handelsunderskuddet til USA.</p>
<p>Riktignok falt det samlede handelsunderskuddet, som er vare- og tjenestehandel, fra 903 milliarder dollar i 2024 til 901 milliarder dollar i 2025, skriver <a href="https://www.nytimes.com/2026/02/19/business/economy/imports-tariffs-trade-deficit.html">New York Times. </a></p><article class=" small-12 large-12 medium-12 small-abs-12 large-abs-12 preview-link " data-element-guid="508b9b8f-1383-45a6-99b1-b27951207a6d" data-instance="84275787" data-section="nyheter" data-site-alias="borsen">
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<h3 class="headline">EU tar tollgrep</h3>
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<h3>Tap i retten</h3>
<div class="row xrow flex-initial"><article class="column preview columns xavier-preview small-12 medium-12 large-12 native-advertisement" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/annonsorinnhold/v/borsen/experience-oman/vi-har-aldri-opplevd-noe-lignende/11143070/"><div class="content-marketing-ribbon"><h3>AnnonsĂžrinnhold</h3><img alt=" logo" class="lazyload" data-src="https://www.dagbladet.no/files/2025/10/28/Omanlogo1.jpg" loading="lazy"></div><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/84248811.jpg?imageId=84248811&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&compression=70&format=webp&width=980&height=490 1.0x, https://borsen.dagbladet.no/images/84248811.jpg?imageId=84248811&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&compression=70&format=webp&width=1470&height=735 1.5x, https://borsen.dagbladet.no/images/84248811.jpg?imageId=84248811&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&compression=70&format=webp&width=1960&height=980 2.0x" type="image/webp"><img alt="Illustrasjon: â Vi har bare sett slikt fĂžr pĂ„ bilder" fetchpriority="high" height="490" loading="eager" src="https://borsen.dagbladet.no/images/84248811.jpg?imageId=84248811&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="980"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:3.14em;--xcs-headline-size-md:5.48rem;--xcs-headline-size-lg:5.48rem">â Vi har bare sett</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:3.25em;--xcs-headline-size-md:5.67rem;--xcs-headline-size-lg:5.67rem">slikt fĂžr pĂ„ bilder</span></h2></a></div></article></div>
<p>Men nedgangen i handelsunderskuddet kan tilskrives Ăžkt overskudd i tjenestehandelen, ikke en forbedring i varehandelen, som er det Trump har brukt som argumentasjon for toll.</p>
<p>Handelsunderskuddet i varehandelen var pÄ rekordhÞye 1240 milliarder dollar, som er en Þkning pÄ 2,1 prosent fra Äret fÞr. </p>
<p>Fredag kom ogsÄ tollavgjÞrelsen fra HÞyesterett som det var knyttet stor spenning til. HÞyesterett fastslo at Trump ikke hadde myndighet til Ä innfÞre tollen, og erklÊrte den ugyldig.</p>
<p>Trump svarte med Ä umiddelbart innfÞre en ny global toll pÄ 15 prosent.</p>
<p>Likevel har altsÄ hans gamle tollregime virket fram til fredag, uten den tiltenkte effekten.</p>
<p>Trump har svÊrt lenge vÊrt Äpen om at han er stor tilhenger av Ä innfÞre toll, som han kaller «det vakreste ordet».</p>
<p class="font-weight-bold m-font-weight-bold" data-lab-font_weight="font-weight-bold">«Jeg foreslÄr toll pÄ andre land som utnytter oss (...) Disse tollene betales av landet som utnytter oss, IKKE AV DEN AMERIKANSKE FORBRUKEREN», skrev Trump pÄ <a href="https://x.com/TrumpDailyPosts/status/1849542470582902854">X </a>under valgkampen i 2024.</p>
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<p>Men tallenes tale er at det ikke stemmer.</p><article class=" small-12 large-12 medium-12 small-abs-12 large-abs-12 preview-link " data-element-guid="dbf0eb93-7cdb-4bec-9d20-60bfc792b903" data-instance="84270677" data-section="nyheter" data-site-alias="borsen">
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<h3 class="headline">Ăker tollsatsen igjen: - Uroen fortsetter</h3>
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<h3>Amerikanere betaler tollen</h3>
<p>Andreassen viser til at man kan mÄle hva varer koster nÄr de kommer inn til havner i USA, pÄ en importprisindeks. Tanken var at utlendingene mÄtte kutte prisene, sÄ ble tollen lagt pÄ i USA, og prisen ut i den andre enden - til amerikanske forbrukere - ble den samme.</p>
<p>- Det har ikke skjedd, sier Andreassen, og fortsetter:</p>
<p class="font-weight-bold m-font-weight-bold" data-lab-font_weight="font-weight-bold">- Prisene inn til USA er uendret. Varene som kommer inn pÄ brygga i USA har samme pris, og nÄr de kommer ut av tollageret har de steget med 10-11 prosent. Det er det noen i USA som betaler.</p>
<div class="row xrow flex-initial"><article class="column preview columns xavier-preview small-12 medium-12 large-12 native-advertisement" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/annonsorinnhold/v/borsen/xpeng/11143064/"><div class="content-marketing-ribbon"><h3>AnnonsĂžrinnhold</h3><img alt=" logo" class="lazyload" data-src="https://www.dagbladet.no/files/2024/02/15/xpeng-logo-2021-2.png" loading="lazy"></div><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><video autoplay class="xre-moving-image" disableremoteplayback height="490" loop muted playsinline poster="https://borsen.dagbladet.no/images/84267374.jpg?imageId=84267374&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&width=980&height=490&compression=70&format=webp" preload="none" src="https://snipp.dbstatic.no/2026/02/23/6a60c900-bb53-425d-9f6d-b9d148504be4/videoplugg_soelve.mp4" style="background: url('https://borsen.dagbladet.no/images/84267374.jpg?imageId=84267374&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&width=980&height=490&compression=70&format=webp') 50% 50% / cover no-repeat;position:relative;object-fit:cover;width:100%;height:100%" title="Illustrasjon: Slik gikk det med elbilen i 40 minus" width="980"><source src="https://snipp.dbstatic.no/2026/02/23/6a60c900-bb53-425d-9f6d-b9d148504be4/videoplugg_soelve.mp4" type="video/mp4"><source src="https://snipp.dbstatic.no/2026/02/23/6a60c900-bb53-425d-9f6d-b9d148504be4/videoplugg_soelve.webm" type="video/webm"></video></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:3.25em;--xcs-headline-size-md:5.66rem;--xcs-headline-size-lg:5.66rem">Slik gikk det med</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:3.13em;--xcs-headline-size-md:5.46rem;--xcs-headline-size-lg:5.46rem">elbilen i 40 minus</span></h2></a></div></article></div>
<p>Federal Reserve Bank of New York har ogsÄ regnet ut at amerikanere betaler tett pÄ hele tollen, skriver <a href="https://www.reuters.com/world/us/ny-fed-report-says-americans-pay-almost-all-trumps-tariffs-2026-02-12/?utm_source=chatgpt.com">Reuters</a>. Fra januar til august i fjor betalte amerikanerne 94 prosent av tollen. Mot slutten av Äret falt det til 86 prosent.</p>
<p>Andreassen sier at dette i realiteten er en skatt som amerikanerne mÄ betale, noe som ogsÄ var det HÞyesterett kom fram til. Toll er Ä regne som skatter og avgifter, og dette ligger til Kongressen Ä vedta. Trump kan med andre ord ikke presse gjennom en slik tollÞkning uten Kongressens godkjenning, og dermed ble tollsatsene kjent ugyldige.</p><article class=" small-12 large-12 medium-12 small-abs-12 large-abs-12 preview-link " data-element-guid="fc838235-1d45-4635-b8a0-db0919827f1c" data-instance="84269244" data-section="nyheter" data-site-alias="borsen">
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<h3>- Toll er tull</h3>
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<p>Andreassen pÄpeker ogsÄ at «alle som regner pÄ det» kommer fram til at tollen rammer dem med lavest inntekt mest.</p>
<p class="font-weight-bold m-font-weight-bold" data-lab-font_weight="font-weight-bold">- De bruker mer penger pÄ varer enn tjenester, og de kjÞper billige importvarer. De har fÄtt en skikkelig smell, sier Andreassen.</p>
<p>Trumps nye globale toll pÄ 15 prosent fÞrer ifÞlge Andreassen til at satsene blir omtrent de samme som fÞr. Litt lavere, men ikke synlig lavere.</p>
<p>- Dermed fortsetter dette tolltullet, med litt andre begrunnelser, sier Andreassen.</p>
<p class="italic m-italic" data-lab-italic="italic">- I lys av tallene - hvordan vil du oppsummere Trumps tollpolitikk?</p>
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<p>- At toll er tull, som de sier pÄ svensk. Det er vanskelig Ä finne Þkonomer som har tro pÄ toll. Det er fordi det bidrar til at produksjonen blir mindre effektiv. Man handler varene der de blir billigst etter toll, ikke der de er billigst Ä produsere.</p><article class=" small-12 large-12 medium-12 small-abs-12 large-abs-12 preview-link " data-element-guid="39e2dc25-07bd-4926-b1b6-94870c18a622" data-instance="84269372" data-section="nyheter" data-site-alias="borsen">
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<h3>- SpektakulĂŠrt</h3>
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<p>Den amerikanske Þkonomien som helhet gÄr helt ok. I fjor steg bruttonasjonalproduktet med 2,2 prosent.</p>
<p>- Det har ikke vÊrt noe kanonÄr som Trump prÞver Ä si. Det har ikke det. Men Þkonomien er ikke svak, sier Andreassen.</p>
<p>Arbeidsledigheten er lav, mens det som kan gi grunn til Ă„ klage litt er at inntektsutviklingen til amerikanere er litt svak, og at forbruket begynner Ă„ svekkes litt.</p>
<p class="font-weight-bold m-font-weight-bold" data-lab-font_weight="font-weight-bold">- USA har hatt griseflaks. Tollen har rammet dem selv, men de har fÄtt et veldig vekstbidrag i investering i KI, sier Andreassen.</p>
<p>Investering i KI stÄr for rundt halvparten av veksten pÄ 1,1 prosent.</p>
<p>- Det er spektakulÊrt. Det kan vÊre en god nyhet, at man har funnet nye produkter som gir nytte. Men investeringene kan bli for hÞye, alle skal sette i gang samtidig, sÄ smellen kan komme, sier Andreassen, og legger til:</p>
<p>- Risikoen er ikke helt borte, men sÄ langt ser det ut til Ä gÄ helt greit i sum.</p>
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<div class="row xrow flex-initial"><div class="adunit-wrapper track-element column small-8 medium-8 large-8" data-from="xavier" id="apos-netboardB1"><div class="adunit GoogleActiveViewElement small-580x500 medium-580x500 large-580x500" data-collapse="false" data-expand="false" data-load-on="view" data-out-of-page="false" data-sizes="[[580,400],[580,500],"fluid"]" data-slot="/8578/borsen/seksjoner/nyheter/artikkel" id="ad-netboardB1" itemscope itemtype="https://schema.org/WPAdBlock" json="{"targeting":{"pos":"netboardB1","platform":"wolverine"}}"></div></div><div class="xavier columns small-4 medium-4 large-4"><div class="row xrow flex-column"><article class="column preview columns xavier-preview small-12 medium-12 large-12" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/forlot-middag-hamret-los/84271645"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84271651&panow=100&panoh=100&panox=0&panoy=0&heightx=0&heighty=0&heighth=100&heightw=100&compression=70&format=webp&width=320&height=160 1.0x, https://borsen.dagbladet.no/images/?imageId=84271651&panow=100&panoh=100&panox=0&panoy=0&heightx=0&heighty=0&heighth=100&heightw=100&compression=70&format=webp&width=480&height=240 1.5x, https://borsen.dagbladet.no/images/?imageId=84271651&panow=100&panoh=100&panox=0&panoy=0&heightx=0&heighty=0&heighth=100&heightw=100&compression=70&format=webp&width=640&height=320 2.0x" type="image/webp"><img alt="Illustrasjon: Forlot middag: - Ble for mye" fetchpriority="high" height="160" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84271651&panow=100&panoh=100&panox=0&panoy=0&heightx=0&heighty=0&heighth=100&heightw=100" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="320"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.17em;--xcs-headline-size-md:3.66em;--xcs-headline-size-lg:3.66rem">Forlot middag:</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.31em;--xcs-headline-size-md:4.11em;--xcs-headline-size-lg:4.11rem">- Ble for mye</span></h2></a></div></article><article class="column preview columns xavier-preview small-12 medium-12 large-12" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/trodde-han-skulle-eksplodere/84268885"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84268925&panow=88&panoy=13.75&panoh=67.89&panox=12&heightw=38.1&heighth=100&heightx=46.33&heighty=0&compression=70&format=webp&width=320&height=160 1.0x, https://borsen.dagbladet.no/images/?imageId=84268925&panow=88&panoy=13.75&panoh=67.89&panox=12&heightw=38.1&heighth=100&heightx=46.33&heighty=0&compression=70&format=webp&width=480&height=240 1.5x, https://borsen.dagbladet.no/images/?imageId=84268925&panow=88&panoy=13.75&panoh=67.89&panox=12&heightw=38.1&heighth=100&heightx=46.33&heighty=0&compression=70&format=webp&width=640&height=320 2.0x" type="image/webp"><img alt="Illustrasjon: - Trodde han skulle eksplodere" fetchpriority="high" height="160" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84268925&panow=88&panoy=13.75&panoh=67.89&panox=12&heightw=38.1&heighth=100&heightx=46.33&heighty=0" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="320"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.33em;--xcs-headline-size-md:4.17em;--xcs-headline-size-lg:4.17rem">- Trodde han</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:0.95em;--xcs-headline-size-md:2.99em;--xcs-headline-size-lg:2.99rem">skulle eksplodere</span></h2></a></div></article></div></div></div><div class="row xrow flex-initial"><article class="column preview columns xavier-preview small-6 medium-6 large-6" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/starten-pa-slutten/84112841"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84113086&panoy=0&panox=0&panow=100&panoh=100&heightx=0&heightw=100&heighth=100&heighty=0&compression=70&format=webp&width=484&height=242 1.0x, https://borsen.dagbladet.no/images/?imageId=84113086&panoy=0&panox=0&panow=100&panoh=100&heightx=0&heightw=100&heighth=100&heighty=0&compression=70&format=webp&width=726&height=363 1.5x, https://borsen.dagbladet.no/images/?imageId=84113086&panoy=0&panox=0&panow=100&panoh=100&heightx=0&heightw=100&heighth=100&heighty=0&compression=70&format=webp&width=968&height=484 2.0x" type="image/webp"><img alt="Illustrasjon: - Starten pĂ„ slutten" fetchpriority="high" height="242" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84113086&panoy=0&panox=0&panow=100&panoh=100&heightx=0&heightw=100&heighth=100&heighty=0" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="484"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:3.24em;--xcs-headline-size-md:9.48em;--xcs-headline-size-lg:9.48rem">- Starten</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:2.80em;--xcs-headline-size-md:8.20em;--xcs-headline-size-lg:8.20rem">pĂ„ slutten</span></h2></a></div></article><article class="column preview columns xavier-preview small-6 medium-6 large-6" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/varsler-mareritt-blir-kaos/84269244"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:65.50%;aspect-ratio:1.53"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84269585&panox=0&panow=100&panoh=71.67&panoy=0.83&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=484&height=317 1.0x, https://borsen.dagbladet.no/images/?imageId=84269585&panox=0&panow=100&panoh=71.67&panoy=0.83&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=726&height=476 1.5x, https://borsen.dagbladet.no/images/?imageId=84269585&panox=0&panow=100&panoh=71.67&panoy=0.83&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=968&height=634 2.0x" type="image/webp"><img alt="Illustrasjon: Varsler mareritt: - Blir kaos" fetchpriority="high" height="317" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84269585&panox=0&panow=100&panoh=71.67&panoy=0.83&heighty=0&heightx=0&heightw=100&heighth=100" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="484"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.70em;--xcs-headline-size-md:4.96em;--xcs-headline-size-lg:4.96rem">Varsler mareritt:</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:2.74em;--xcs-headline-size-md:8.01em;--xcs-headline-size-lg:8.01rem">- Blir kaos</span></h2></a></div></article></div><div class="row xrow flex-initial"><article class="column preview columns xavier-preview small-5 medium-5 large-5" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/stuper-begynner-a-smerte/84162262"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:94.53%;aspect-ratio:1.06"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84162342&panoy=0&panox=0&panoh=71.67&panow=100&heighty=0&heightx=23.25&heightw=41.43&heighth=100&compression=70&format=webp&width=402&height=380 1.0x, https://borsen.dagbladet.no/images/?imageId=84162342&panoy=0&panox=0&panoh=71.67&panow=100&heighty=0&heightx=23.25&heightw=41.43&heighth=100&compression=70&format=webp&width=603&height=570 1.5x, https://borsen.dagbladet.no/images/?imageId=84162342&panoy=0&panox=0&panoh=71.67&panow=100&heighty=0&heightx=23.25&heightw=41.43&heighth=100&compression=70&format=webp&width=804&height=760 2.0x" type="image/webp"><img alt="Illustrasjon: - Blir tĂžffe tak" fetchpriority="high" height="380" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84162342&panoy=0&panox=0&panoh=71.67&panow=100&heighty=0&heightx=23.25&heightw=41.43&heighth=100" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="402"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:4.65em;--xcs-headline-size-md:13.93em;--xcs-headline-size-lg:13.93rem">- Blir</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:2.66em;--xcs-headline-size-md:7.99em;--xcs-headline-size-lg:7.99rem">tĂžffe tak</span></h2></a></div></article><article class="column preview columns xavier-preview small-7 medium-7 large-7" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/eu-tar-tollgrep/84275787"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:49.91%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84275762&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightw=100&heighth=100&heightx=0&compression=70&format=webp&width=565&height=282 1.0x, https://borsen.dagbladet.no/images/?imageId=84275762&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightw=100&heighth=100&heightx=0&compression=70&format=webp&width=848&height=423 1.5x, https://borsen.dagbladet.no/images/?imageId=84275762&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightw=100&heighth=100&heightx=0&compression=70&format=webp&width=1130&height=564 2.0x" type="image/webp"><img alt="Illustrasjon: EU tar tollgrep" fetchpriority="high" height="282" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84275762&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightw=100&heighth=100&heightx=0" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="565"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:5.43em;--xcs-headline-size-md:15.60em;--xcs-headline-size-lg:15.60rem">EU tar</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:4.35em;--xcs-headline-size-md:12.50em;--xcs-headline-size-lg:12.50rem">tollgrep</span></h2></a></div></article></div><div class="row xrow flex-initial"><div class="adunit-wrapper track-element column small-8 medium-8 large-8" data-from="xavier" id="apos-netboardB2"><div class="adunit GoogleActiveViewElement small-580x500 medium-580x500 large-580x500" data-collapse="false" data-expand="false" data-load-on="view" data-out-of-page="false" data-sizes="[[580,400],[580,500],"fluid"]" data-slot="/8578/borsen/seksjoner/nyheter/artikkel" id="ad-netboardB2" itemscope itemtype="https://schema.org/WPAdBlock" json="{"targeting":{"pos":"netboardB2","platform":"wolverine"}}"></div></div><div class="xavier columns small-4 medium-4 large-4"><div class="row xrow flex-column"><article class="column preview columns xavier-preview small-12 medium-12 large-12" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/slakter-trump-en-logner/84109818"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84109856&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighty=0&heightx=0&heighth=100&compression=70&format=webp&width=320&height=160 1.0x, https://borsen.dagbladet.no/images/?imageId=84109856&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighty=0&heightx=0&heighth=100&compression=70&format=webp&width=480&height=240 1.5x, https://borsen.dagbladet.no/images/?imageId=84109856&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighty=0&heightx=0&heighth=100&compression=70&format=webp&width=640&height=320 2.0x" type="image/webp"><img alt="Illustrasjon: Slakter Trump: - En lĂžgner" fetchpriority="high" height="160" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84109856&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighty=0&heightx=0&heighth=100" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="320"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.13em;--xcs-headline-size-md:3.55em;--xcs-headline-size-lg:3.55rem">Slakter Trump:</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.56em;--xcs-headline-size-md:4.87em;--xcs-headline-size-lg:4.87rem">- En lĂžgner</span></h2></a></div></article><article class="column preview columns xavier-preview small-12 medium-12 large-12" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/pengene-skal-kontrolleres-av-meg/84064377"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84064382&panow=100&panoh=100&panoy=0&panox=0&heightx=0&heighty=0&heightw=100&heighth=100&compression=70&format=webp&width=320&height=160 1.0x, https://borsen.dagbladet.no/images/?imageId=84064382&panow=100&panoh=100&panoy=0&panox=0&heightx=0&heighty=0&heightw=100&heighth=100&compression=70&format=webp&width=480&height=240 1.5x, https://borsen.dagbladet.no/images/?imageId=84064382&panow=100&panoh=100&panoy=0&panox=0&heightx=0&heighty=0&heightw=100&heighth=100&compression=70&format=webp&width=640&height=320 2.0x" type="image/webp"><img alt="Illustrasjon: - Pengene skal kontrolleres av meg" fetchpriority="high" height="160" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84064382&panow=100&panoh=100&panoy=0&panox=0&heightx=0&heighty=0&heightw=100&heighth=100" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="320"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.15em;--xcs-headline-size-md:3.60em;--xcs-headline-size-lg:3.60rem">- Pengene skal</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:0.84em;--xcs-headline-size-md:2.64em;--xcs-headline-size-lg:2.64rem">kontrolleres av meg</span></h2></a></div></article></div></div></div><div class="row xrow flex-initial"><article class="column preview columns xavier-preview small-6 medium-6 large-6" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/kjoper-stadig-mer-av-usas-gjeld/84165013"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:50.00%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84165018&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=484&height=242 1.0x, https://borsen.dagbladet.no/images/?imageId=84165018&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=726&height=363 1.5x, https://borsen.dagbladet.no/images/?imageId=84165018&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=968&height=484 2.0x" type="image/webp"><img alt="Illustrasjon: KjĂžper stadig mer av USAs gjeld" fetchpriority="high" height="242" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84165018&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="484"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.56em;--xcs-headline-size-md:4.57em;--xcs-headline-size-lg:4.57rem">KjĂžper stadig mer</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:2.04em;--xcs-headline-size-md:5.97em;--xcs-headline-size-lg:5.97rem">av USAs gjeld</span></h2></a></div></article><article class="column preview columns xavier-preview small-6 medium-6 large-6" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/har-tatt-kontroll-apenbart-brudd/84095367"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:52.48%;aspect-ratio:1.91"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84095387&panow=100&panoh=100&panoy=0&panox=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=484&height=254 1.0x, https://borsen.dagbladet.no/images/?imageId=84095387&panow=100&panoh=100&panoy=0&panox=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=726&height=381 1.5x, https://borsen.dagbladet.no/images/?imageId=84095387&panow=100&panoh=100&panoy=0&panox=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=968&height=508 2.0x" type="image/webp"><img alt="Illustrasjon: Har tatt kontroll: - Ă
penbart brudd" fetchpriority="high" height="254" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84095387&panow=100&panoh=100&panoy=0&panox=0&heighty=0&heightx=0&heightw=100&heighth=100" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="484"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.68em;--xcs-headline-size-md:4.90em;--xcs-headline-size-lg:4.90rem">Har tatt kontroll:</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.66em;--xcs-headline-size-md:4.85em;--xcs-headline-size-lg:4.85rem">- Ă
penbart brudd</span></h2></a></div></article></div><div class="row xrow flex-initial"><article class="column preview columns xavier-preview small-5 medium-5 large-5" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/jeg-far-nesten-frysninger/84065092"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:102.49%;aspect-ratio:0.98"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84065175&panoy=0&panow=100&panoh=100&panox=0&heightw=100&heighth=100&heighty=0&heightx=0&compression=70&format=webp&width=402&height=412 1.0x, https://borsen.dagbladet.no/images/?imageId=84065175&panoy=0&panow=100&panoh=100&panox=0&heightw=100&heighth=100&heighty=0&heightx=0&compression=70&format=webp&width=603&height=618 1.5x, https://borsen.dagbladet.no/images/?imageId=84065175&panoy=0&panow=100&panoh=100&panox=0&heightw=100&heighth=100&heighty=0&heightx=0&compression=70&format=webp&width=804&height=824 2.0x" type="image/webp"><img alt="Illustrasjon: - Veldig, veldig skremmende" fetchpriority="high" height="412" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84065175&panoy=0&panow=100&panoh=100&panox=0&heightw=100&heighth=100&heighty=0&heightx=0" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="402"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.54em;--xcs-headline-size-md:4.62em;--xcs-headline-size-lg:4.62rem">- Veldig, veldig</span><span class="title dynamic-sizing" style="--xcs-headline-size-sm:1.75em;--xcs-headline-size-md:5.24em;--xcs-headline-size-lg:5.24rem">skremmende</span></h2></a></div></article><article class="column preview columns xavier-preview small-7 medium-7 large-7" data-cxence_widget="free-nor" data-cxense_tag="cerebro" data-from="xavier" data-reverseimagetextorder="false" data-xavier-version="XRE"><div class="content bg-white"><a href="https://borsen.dagbladet.no/nyheter/usa-vi-har-kontroll/84067434"><div class="media"><figure class="xre-figure" style="--xre-fallback-ratio:49.91%;aspect-ratio:2.00"><picture style="position:relative;height:100%"><source srcset=" https://borsen.dagbladet.no/images/?imageId=84067462&panox=0&panoy=30.54&panoh=63.55&panow=100&heighty=0&heightx=6.09&heightw=46.67&heighth=100&compression=70&format=webp&width=565&height=282 1.0x, https://borsen.dagbladet.no/images/?imageId=84067462&panox=0&panoy=30.54&panoh=63.55&panow=100&heighty=0&heightx=6.09&heightw=46.67&heighth=100&compression=70&format=webp&width=848&height=423 1.5x, https://borsen.dagbladet.no/images/?imageId=84067462&panox=0&panoy=30.54&panoh=63.55&panow=100&heighty=0&heightx=6.09&heightw=46.67&heighth=100&compression=70&format=webp&width=1130&height=564 2.0x" type="image/webp"><img alt="Illustrasjon: NĂ
: Dramatisk utvikling" fetchpriority="high" height="282" loading="eager" src="https://borsen.dagbladet.no/images/?imageId=84067462&panox=0&panoy=30.54&panoh=63.55&panow=100&heighty=0&heightx=6.09&heightw=46.67&heighth=100" style="position:relative;min-height:100%;min-width:100%;object-fit:cover" width="565"></picture></figure></div><h2 class="xavier-headline headline xre"><span class="title dynamic-sizing" style="--xcs-headline-size-sm:2.35em;--xcs-headline-size-md:6.75em;--xcs-headline-size-lg:6.75rem">NĂ
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"content" : "## Kort fortalt\n\nDonald Trumps tollpolitikk har ikke redusert USAs handelsunderskudd som planlagt.\n\nHĂžyesterett erklĂŠrte Trumps toll ugyldig, men han innfĂžrte umiddelbart en ny global toll pĂ„ 15 prosent.\n\nAmerikanerne betaler nesten hele tollen, noe som i praksis fungerer som en skatt.\n\nĂkonomien i USA gĂ„r greit, men tollene har rammet lavinntektsgrupper hardest.\n\nSammendraget er laget av ChatGPT og godkjent av BĂžrsen.\n\n\\- To ting har skjedd: Handelsunderskuddet er ikke endret, og utlendingene har ikke betalt, sier sjefĂžkonom Harald Magnus Andreassen i Sparebank 1 Markets, til BĂžrsen.\n\nTall for 2025, som kom like fĂžr helga, viser at Donald Trumps tollregime sĂ„ langt ikke har lyktes Ă„ oppnĂ„ det han Ăžnsker: Redusere handelsunderskuddet til USA.\n\nRiktignok falt det samlede handelsunderskuddet, som er vare\\- og tjenestehandel, fra 903 milliarder dollar i 2024 til 901 milliarder dollar i 2025, skriver [New York Times. ](https://www.nytimes.com/2026/02/19/business/economy/imports-tariffs-trade-deficit.html)\n\n### Tap i retten\n\nMen nedgangen i handelsunderskuddet kan tilskrives Ăžkt overskudd i tjenestehandelen, ikke en forbedring i varehandelen, som er det Trump har brukt som argumentasjon for toll.\n\nHandelsunderskuddet i varehandelen var pĂ„ rekordhĂžye 1240 milliarder dollar, som er en Ăžkning pĂ„ 2,1 prosent fra Ă„ret fĂžr.\n\nFredag kom ogsĂ„ tollavgjĂžrelsen fra HĂžyesterett som det var knyttet stor spenning til. HĂžyesterett fastslo at Trump ikke hadde myndighet til Ă„ innfĂžre tollen, og erklĂŠrte den ugyldig.\n\nTrump svarte med Ă„ umiddelbart innfĂžre en ny global toll pĂ„ 15 prosent.\n\nLikevel har altsĂ„ hans gamle tollregime virket fram til fredag, uten den tiltenkte effekten.\n\nTrump har svĂŠrt lenge vĂŠrt Ă„pen om at han er stor tilhenger av Ă„ innfĂžre toll, som han kaller «det vakreste ordet».\n\n«Jeg foreslĂ„r toll pĂ„ andre land som utnytter oss \\(...\\) Disse tollene betales av landet som utnytter oss, IKKE AV DEN AMERIKANSKE FORBRUKEREN», skrev Trump pĂ„ [X ](https://x.com/TrumpDailyPosts/status/1849542470582902854)under valgkampen i 2024.\n\nMen tallenes tale er at det ikke stemmer.\n\n### Amerikanere betaler tollen\n\nAndreassen viser til at man kan mĂ„le hva varer koster nĂ„r de kommer inn til havner i USA, pĂ„ en importprisindeks. Tanken var at utlendingene mĂ„tte kutte prisene, sĂ„ ble tollen lagt pĂ„ i USA, og prisen ut i den andre enden \\- til amerikanske forbrukere \\- ble den samme.\n\n\\- Det har ikke skjedd, sier Andreassen, og fortsetter:\n\n\\- Prisene inn til USA er uendret. Varene som kommer inn pĂ„ brygga i USA har samme pris, og nĂ„r de kommer ut av tollageret har de steget med 10\\-11 prosent. Det er det noen i USA som betaler.\n\nFederal Reserve Bank of New York har ogsĂ„ regnet ut at amerikanere betaler tett pĂ„ hele tollen, skriver [Reuters](https://www.reuters.com/world/us/ny-fed-report-says-americans-pay-almost-all-trumps-tariffs-2026-02-12/?utm_source=chatgpt.com). Fra januar til august i fjor betalte amerikanerne 94 prosent av tollen. Mot slutten av Ă„ret falt det til 86 prosent.\n\nAndreassen sier at dette i realiteten er en skatt som amerikanerne mĂ„ betale, noe som ogsĂ„ var det HĂžyesterett kom fram til. Toll er Ă„ regne som skatter og avgifter, og dette ligger til Kongressen Ă„ vedta. Trump kan med andre ord ikke presse gjennom en slik tollĂžkning uten Kongressens godkjenning, og dermed ble tollsatsene kjent ugyldige.\n\n### \\- Toll er tull\n\nAndreassen pĂ„peker ogsĂ„ at «alle som regner pĂ„ det» kommer fram til at tollen rammer dem med lavest inntekt mest.\n\n\\- De bruker mer penger pĂ„ varer enn tjenester, og de kjĂžper billige importvarer. De har fĂ„tt en skikkelig smell, sier Andreassen.\n\nTrumps nye globale toll pĂ„ 15 prosent fĂžrer ifĂžlge Andreassen til at satsene blir omtrent de samme som fĂžr. Litt lavere, men ikke synlig lavere.\n\n\\- Dermed fortsetter dette tolltullet, med litt andre begrunnelser, sier Andreassen.\n\n\\- I lys av tallene \\- hvordan vil du oppsummere Trumps tollpolitikk?\n\n\\- At toll er tull, som de sier pĂ„ svensk. Det er vanskelig Ă„ finne Ăžkonomer som har tro pĂ„ toll. Det er fordi det bidrar til at produksjonen blir mindre effektiv. Man handler varene der de blir billigst etter toll, ikke der de er billigst Ă„ produsere.\n\n### \\- SpektakulĂŠrt\n\nDen amerikanske Ăžkonomien som helhet gĂ„r helt ok. I fjor steg bruttonasjonalproduktet med 2,2 prosent.\n\n\\- Det har ikke vĂŠrt noe kanonĂ„r som Trump prĂžver Ă„ si. Det har ikke det. Men Ăžkonomien er ikke svak, sier Andreassen.\n\nArbeidsledigheten er lav, mens det som kan gi grunn til Ă„ klage litt er at inntektsutviklingen til amerikanere er litt svak, og at forbruket begynner Ă„ svekkes litt.\n\n\\- USA har hatt griseflaks. Tollen har rammet dem selv, men de har fĂ„tt et veldig vekstbidrag i investering i KI, sier Andreassen.\n\nInvestering i KI stĂ„r for rundt halvparten av veksten pĂ„ 1,1 prosent.\n\n\\- Det er spektakulĂŠrt. Det kan vĂŠre en god nyhet, at man har funnet nye produkter som gir nytte. Men investeringene kan bli for hĂžye, alle skal sette i gang samtidig, sĂ„ smellen kan komme, sier Andreassen, og legger til:\n\n\\- Risikoen er ikke helt borte, men sĂ„ langt ser det ut til Ă„ gĂ„ helt greit i sum.",
"created_at" : "2026-02-23 15:40:22",
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"metadata" : "{\"is_paywalled\":0,\"twitter\":{},\"og\":{\"type\":\"article\",\"site_name\":\"BĂžrsen\",\"logo\":\"/assets/icon/borsen-logo.svg\",\"image:height\":\"684\",\"image:width\":\"1200\",\"url\":\"https://borsen.dagbladet.no/nyheter/trumps-tolltull-en-skikkelig-smell/84274375\",\"image\":\"https://borsen.dagbladet.no/images/84276022.jpg?imageId=84276022&x=0&y=0&cropw=100&croph=100&panox=0&panoy=0&panow=100&panoh=100&width=1200&height=683\",\"description\":\"Donald Trumps toll skulle fĂ„ ned handelsunderskuddet, og utlendingene skulle betale. SĂ„nn har det ikke gĂ„tt.\",\"title\":\"Trumps Ă«tolltullĂ»: - En skikkelig smell\"},\"source_updated_at\":null,\"meta\":{\"apple-itunes-app\":\"app-id=1484303827\",\"title\":\"Trumps Ă«tolltullĂ»: - En skikkelig smell\",\"description\":\"Donald Trumps toll skulle fĂ„ ned handelsunderskuddet, og utlendingene skulle betale. SĂ„nn har det ikke gĂ„tt.\",\"viewport\":\"width=device-width, initial-scale=1\",\"copyright\":\"Copyright (c) 2026 Aller Media AS, all rights reserved.\",\"robots\":\"max-image-preview:large\"},\"content\":\"## Kort fortalt\\n\\nDonald Trumps tollpolitikk har ikke redusert USAs handelsunderskudd som planlagt.\\n\\nHĂžyesterett erklĂŠrte Trumps toll ugyldig, men han innfĂžrte umiddelbart en ny global toll pĂ„ 15 prosent.\\n\\nAmerikanerne betaler nesten hele tollen, noe som i praksis fungerer som en skatt.\\n\\nĂÂkonomien i USA gĂ„r greit, men tollene har rammet lavinntektsgrupper hardest.\\n\\nSammendraget er laget av ChatGPT og godkjent av BĂžrsen.\\n\\n\\\\- To ting har skjedd: Handelsunderskuddet er ikke endret, og utlendingene har ikke betalt, sier sjefĂžkonom Harald Magnus Andreassen i Sparebank 1 Markets, til BĂžrsen.\\n\\nTall for 2025, som kom like fĂžr helga, viser at Donald Trumps tollregime sĂ„ langt ikke har lyktes Ă„ oppnĂ„ det han Ăžnsker: Redusere handelsunderskuddet til USA.\\n\\nRiktignok falt det samlede handelsunderskuddet, som er vare\\\\- og tjenestehandel, fra 903 milliarder dollar i 2024 til 901 milliarder dollar i 2025, skriver [New York Times. ](https://www.nytimes.com/2026/02/19/business/economy/imports-tariffs-trade-deficit.html)\\n\\n### Tap i retten\\n\\nMen nedgangen i handelsunderskuddet kan tilskrives Ăžkt overskudd i tjenestehandelen, ikke en forbedring i varehandelen, som er det Trump har brukt som argumentasjon for toll.\\n\\nHandelsunderskuddet i varehandelen var pĂ„ rekordhĂžye 1240 milliarder dollar, som er en Ăžkning pĂ„ 2,1 prosent fra Ă„ret fĂžr.\\n\\nFredag kom ogsĂ„ tollavgjĂžrelsen fra HĂžyesterett som det var knyttet stor spenning til. HĂžyesterett fastslo at Trump ikke hadde myndighet til Ă„ innfĂžre tollen, og erklĂŠrte den ugyldig.\\n\\nTrump svarte med Ă„ umiddelbart innfĂžre en ny global toll pĂ„ 15 prosent.\\n\\nLikevel har altsĂ„ hans gamle tollregime virket fram til fredag, uten den tiltenkte effekten.\\n\\nTrump har svĂŠrt lenge vĂŠrt Ă„pen om at han er stor tilhenger av Ă„ innfĂžre toll, som han kaller Ă«det vakreste ordetĂ».\\n\\nĂ«Jeg foreslĂ„r toll pĂ„ andre land som utnytter oss \\\\(...\\\\) Disse tollene betales av landet som utnytter oss, IKKE AV DEN AMERIKANSKE FORBRUKERENĂ», skrev Trump pĂ„ [X ](https://x.com/TrumpDailyPosts/status/1849542470582902854)under valgkampen i 2024.\\n\\nMen tallenes tale er at det ikke stemmer.\\n\\n### Amerikanere betaler tollen\\n\\nAndreassen viser til at man kan mĂ„le hva varer koster nĂ„r de kommer inn til havner i USA, pĂ„ en importprisindeks. Tanken var at utlendingene mĂ„tte kutte prisene, sĂ„ ble tollen lagt pĂ„ i USA, og prisen ut i den andre enden \\\\- til amerikanske forbrukere \\\\- ble den samme.\\n\\n\\\\- Det har ikke skjedd, sier Andreassen, og fortsetter:\\n\\n\\\\- Prisene inn til USA er uendret. Varene som kommer inn pĂ„ brygga i USA har samme pris, og nĂ„r de kommer ut av tollageret har de steget med 10\\\\-11 prosent. Det er det noen i USA som betaler.\\n\\nFederal Reserve Bank of New York har ogsĂ„ regnet ut at amerikanere betaler tett pĂ„ hele tollen, skriver [Reuters](https://www.reuters.com/world/us/ny-fed-report-says-americans-pay-almost-all-trumps-tariffs-2026-02-12/?utm_source=chatgpt.com). Fra januar til august i fjor betalte amerikanerne 94 prosent av tollen. Mot slutten av Ă„ret falt det til 86 prosent.\\n\\nAndreassen sier at dette i realiteten er en skatt som amerikanerne mĂ„ betale, noe som ogsĂ„ var det HĂžyesterett kom fram til. Toll er Ă„ regne som skatter og avgifter, og dette ligger til Kongressen Ă„ vedta. Trump kan med andre ord ikke presse gjennom en slik tollĂžkning uten Kongressens godkjenning, og dermed ble tollsatsene kjent ugyldige.\\n\\n### \\\\- Toll er tull\\n\\nAndreassen pĂ„peker ogsĂ„ at Ă«alle som regner pĂ„ detĂ» kommer fram til at tollen rammer dem med lavest inntekt mest.\\n\\n\\\\- De bruker mer penger pĂ„ varer enn tjenester, og de kjĂžper billige importvarer. De har fĂ„tt en skikkelig smell, sier Andreassen.\\n\\nTrumps nye globale toll pĂ„ 15 prosent fĂžrer ifĂžlge Andreassen til at satsene blir omtrent de samme som fĂžr. Litt lavere, men ikke synlig lavere.\\n\\n\\\\- Dermed fortsetter dette tolltullet, med litt andre begrunnelser, sier Andreassen.\\n\\n\\\\- I lys av tallene \\\\- hvordan vil du oppsummere Trumps tollpolitikk?\\n\\n\\\\- At toll er tull, som de sier pĂ„ svensk. Det er vanskelig Ă„ finne Ăžkonomer som har tro pĂ„ toll. Det er fordi det bidrar til at produksjonen blir mindre effektiv. Man handler varene der de blir billigst etter toll, ikke der de er billigst Ă„ produsere.\\n\\n### \\\\- SpektakulĂŠrt\\n\\nDen amerikanske Ăžkonomien som helhet gĂ„r helt ok. I fjor steg bruttonasjonalproduktet med 2,2 prosent.\\n\\n\\\\- Det har ikke vĂŠrt noe kanonĂ„r som Trump prĂžver Ă„ si. Det har ikke det. Men Ăžkonomien er ikke svak, sier Andreassen.\\n\\nArbeidsledigheten er lav, mens det som kan gi grunn til Ă„ klage litt er at inntektsutviklingen til amerikanere er litt svak, og at forbruket begynner Ă„ svekkes litt.\\n\\n\\\\- USA har hatt griseflaks. Tollen har rammet dem selv, men de har fĂ„tt et veldig vekstbidrag i investering i KI, sier Andreassen.\\n\\nInvestering i KI stĂ„r for rundt halvparten av veksten pĂ„ 1,1 prosent.\\n\\n\\\\- Det er spektakulĂŠrt. Det kan vĂŠre en god nyhet, at man har funnet nye produkter som gir nytte. Men investeringene kan bli for hĂžye, alle skal sette i gang samtidig, sĂ„ smellen kan komme, sier Andreassen, og legger til:\\n\\n\\\\- Risikoen er ikke helt borte, men sĂ„ langt ser det ut til Ă„ gĂ„ helt greit i sum.\",\"keywords\":[\"nyheter\"],\"published_at\":null,\"schema\":{\"microdata\":{\"jobTitle\":\"Administrerende direktĂžr:\",\"url\":\"\\n \\n \\n\\n\\n \\n \\n \",\"name\":\"Michael Aller\",\"caption\":\"ELSKER TOLL: Donald Trump er veldig glad i Ă„ bruke toll. Fredag gikk han pĂ„ et tap i HĂžyesterett, der tollsatsene hans ble kjent ugydlig. Trump svarte med Ă„ innfĂžre en ny, global toll. Foto: Kevin Lamarque / Retuers / NTB\"}},\"image_url\":\"https://borsen.dagbladet.no/images/84276022.jpg?imageId=84276022&x=0&y=0&cropw=100&croph=100&panox=0&panoy=0&panow=100&panoh=100&width=1200&height=683\",\"author\":\"Lars Martin Gimse\",\"description\":\"Donald Trumps toll skulle fĂ„ ned handelsunderskuddet, og utlendingene skulle betale. SĂ„nn har det ikke gĂ„tt.\",\"raw_feed_item\":\"<item>\\n <title><![CDATA[- En skikkelig smell]]></title>\\n <link>https://borsen.dagbladet.no/nyheter/trumps-tolltull-en-skikkelig-smell/84274375</link>\\n <guid>https://www.dagbladet.no/a/84274375</guid>\\n <pubDate>2026-02-23T15:48:05+01:00</pubDate>\\n <description><![CDATA[Donald Trumps toll skulle fĂ„ ned handelsunderskuddet, og utlendingene skulle betale. SĂ„nn har det ikke gĂ„tt.]]></description>\\n <enclosure length=\\\"0\\\" type=\\\"image/jpeg\\\" url=\\\"https://www.dagbladet.no/images/84277448.webp?imageId=84277448&width=1058&height=478&format=jpg\\\" />\\n</item>\",\"title\":\"Trumps Ă«tolltullĂ»: - En skikkelig smell\"}",
"og_title" : "Trumps «tolltull»: - En skikkelig smell",
"published_at" : "2026-02-23 14:48:05",
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Aller Media er ansvarlig for dine data pĂ„ denne nettsiden.\n  <a href=\"https://personvern.aller.no/personvern\">Les mer</a>\n </p>\n</div>\n\n\n\n \n\n \t\n<div class=\"row xrow flex-initial\"><div class=\"adunit-wrapper track-element\" data-from=\"xavier\" id=\"apos-topbanner1\"><div class=\"adunit GoogleActiveViewElement small-980x300 medium-980x300 large-980x300\" data-collapse=\"false\" data-expand=\"false\" data-load-on=\"load\" data-out-of-page=\"false\" data-sizes=\"[[[0,0],[]],[[768,0],[[768,90],[768,300],[768,250],"fluid"]],[[1024,0],[[980,300],[980,290],[970,250]]],[[1280, 600],[[1010,300],[980,290],[1000,300],[980,300],[970,250],[2,2]]]]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-topbanner1\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"topbanner1","platform":"wolverine"}}\"></div></div><div class=\"adunit-wrapper track-element sticky-ad\" data-from=\"xavier\" id=\"apos-sticky-right-top1\"><div class=\"adunit GoogleActiveViewElement large-300x700 sticky-right\" data-collapse=\"true\" data-expand=\"false\" data-load-on=\"load\" data-out-of-page=\"false\" data-sizes=\"[[[0,0],[]],[[1345,600],[[300,600],[160,600]]],[[1385,600],[[300,600],[180,500],[180,700],[160,600]]],[[1625,600],[[300,600],[180,500],[180,700],[160,600]]]]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-sticky-right-top1\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"sticky-right-top1","platform":"wolverine"}}\"></div></div></div>\n\n\n\n \n\n <main id=\"main\">\n <div class=\"markup hide\">\n \n \n \n</div>\n\n\n <article class=\"bg-baseview-custom article-entity\" id=\"mainArticleSection\" role=\"article\">\n\n\n <div class=\"articleHeader column hasCaption\" data-element-guid=\"49f6fed2-1e50-421b-895d-f83caea9a772\">\n\n\n <h1 class=\"headline mainTitle t84\" style=\"\"><span class=\"t119 tm45\" data-lab-text_size_desktop=\"119\" data-lab-text_size_mobile=\"45\">Trumps «tolltull»:</span> <span class=\"t102 tm39\" data-lab-text_size_desktop=\"102\" data-lab-text_size_mobile=\"39\">- En skikkelig smell</span></h1>\n <h2 class=\"subtitle \" style=\"\">Donald Trumps toll skulle fĂ„ ned handelsunderskuddet, og utlendingene skulle betale. SĂ„nn har det ikke gĂ„tt.</h2>\n\n\n\n <div class=\"media\">\n \n <figure class=\"headerImage\" data-element-guid=\"bd520cef-a12b-493b-aa39-bea49dc6a103\">\n <div class=\"img fullwidthTarget\">\n <picture>\n <source height=\"559\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84276022.webp?imageId=84276022&width=1960&height=1118&format=webp\" type=\"image/webp\" width=\"980\"> \n <source height=\"559\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84276022.webp?imageId=84276022&width=1960&height=1118&format=jpg\" type=\"image/jpeg\" width=\"980\"> \n <source height=\"217\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84276022.webp?imageId=84276022&width=760&height=434&format=webp\" type=\"image/webp\" width=\"380\">\n <source height=\"217\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84276022.webp?imageId=84276022&width=760&height=434&format=jpg\" type=\"image/jpeg\" width=\"380\">\n <img alt=\"\" class=\"\" height=\"559\" src=\"https://borsen.dagbladet.no/images/84276022.webp?imageId=84276022&width=1960&height=1118\" style=\"--aspect-ratio-image: 1.75; \" title=\"ELSKER TOLL: Donald Trump er veldig glad i Ă„ bruke toll. Fredag gikk han pĂ„ et tap i HĂžyesterett, der tollsatsene hans ble kjent ugydlig. Trump svarte med Ă„ innfĂžre en ny, global toll. Foto: Kevin Lamarque / Retuers / NTB\" width=\"980\">\n </picture>\n \n \n </div>\n \n</figure>\n\n \n \n \n \n \n \n \n \n \n <div class=\"floatingText\"></div>\n </div>\n\n <div class=\"caption truncate\" data-expandable=\"true\" data-hidecaption=\"Skjul bildetekst\" data-showcaption=\"Vis bildetekst\" data-showmore=\"Vis mer\">\n <figcaption class=\"\" itemprop=\"caption\">ELSKER TOLL: Donald Trump er veldig glad i Ă„ bruke toll. Fredag gikk han pĂ„ et tap i HĂžyesterett, der tollsatsene hans ble kjent ugydlig. Trump svarte med Ă„ innfĂžre en ny, global toll. Foto: Kevin Lamarque / Retuers / NTB</figcaption>\n </div>\n\n\n\n\n <div class=\"meta\" data-element-guid=\"922aeaca-5e8f-45cc-911d-a0fb30714c97\">\n \n \n\n\n <div class=\"meta-wrapper\">\n <div class=\"bylines\">\n <div class=\"byline column\" data-element-guid=\"62f23459-6ba0-4a0b-9327-c2b3c6e3a71e\">\n \n <div class=\"content roundedImage\">\n <figure data-element-guid=\"8de05ded-4935-4077-a69b-af5124a885bc\">\n <picture>\n <img alt=\"Lars Martin Gimse\" height=\"180\" itemprop=\"image\" src=\"https://borsen.dagbladet.no/images/61236880.webp?imageId=61236880&x=16.20&y=8.20&cropw=78.21&croph=57.38&width=360&height=360\" width=\"180\">\n </picture>\n</figure>\n <address class=\"name\">\n <a href=\"mailto:lgi@dagbladet.no\" itemprop=\"url\" rel=\"author\">\n <span class=\"lab-hidden-byline-name\" itemprop=\"name\">Lars Martin Gimse</span>\n <span class=\"firstname \">Lars Martin</span>\n <span class=\"lastname \">Gimse</span>\n </a>\n </address>\n </div>\n</div>\n\n \n </div>\n <button class=\"button primary medium nopadding\" id=\"meta-share-button\">\n <svg fill=\"none\" height=\"24\" stroke=\"currentColor\" viewbox=\"0 0 24 24\" width=\"24\" xmlns=\"http://www.w3.org/2000/svg\">\n <path d=\"M21 14.25V19.5C21 19.8978 20.842 20.2793 20.5607 20.5606C20.2794 20.8419 19.8978 21 19.5 21H4.5C4.10218 21 3.72064 20.8419 3.43934 20.5606C3.15804 20.2793 3 19.8978 3 19.5V14.25C3 14.0511 3.07902 13.8603 3.21967 13.7196C3.36032 13.579 3.55109 13.5 3.75 13.5C3.94891 13.5 4.13968 13.579 4.28033 13.7196C4.42098 13.8603 4.5 14.0511 4.5 14.25V19.5H19.5V14.25C19.5 14.0511 19.579 13.8603 19.7197 13.7196C19.8603 13.579 20.0511 13.5 20.25 13.5C20.4489 13.5 20.6397 13.579 20.7803 13.7196C20.921 13.8603 21 14.0511 21 14.25ZM8.78063 8.03061L11.25 5.56029V14.25C11.25 14.4489 11.329 14.6397 11.4697 14.7803C11.6103 14.921 11.8011 15 12 15C12.1989 15 12.3897 14.921 12.5303 14.7803C12.671 14.6397 12.75 14.4489 12.75 14.25V5.56029L15.2194 8.03061C15.3601 8.17134 15.551 8.2504 15.75 8.2504C15.949 8.2504 16.1399 8.17134 16.2806 8.03061C16.4214 7.88987 16.5004 7.699 16.5004 7.49998C16.5004 7.30096 16.4214 7.11009 16.2806 6.96935L12.5306 3.21935C12.461 3.14962 12.3783 3.0943 12.2872 3.05656C12.1962 3.01882 12.0986 2.99939 12 2.99939C11.9014 2.99939 11.8038 3.01882 11.7128 3.05656C11.6217 3.0943 11.539 3.14962 11.4694 3.21935L7.71937 6.96935C7.57864 7.11009 7.49958 7.30096 7.49958 7.49998C7.49958 7.699 7.57864 7.88987 7.71937 8.03061C7.86011 8.17134 8.05098 8.2504 8.25 8.2504C8.44902 8.2504 8.63989 8.17134 8.78063 8.03061Z\" fill=\"currentColor\"></path>\n </svg>\n <span class=\"share-result tooltip tooltip-bottom-left\" id=\"meta-share-result\"></span>\n </button>\n </div>\n \n \n \n <div class=\"dates\">\n <div class=\"dateGroup datePublished\">\n <span class=\"dateLabel\">Publisert</span>\n <time datetime=\"2026-02-23T14:48:05.000Z\" title=\"Publisert 23.02.2026 - 15:48\">23.02.2026 - 15:48</time>\n </div>\n </div>\n\n\n</div>\n\n\n</div>\n\n \n\n \n \n <div class=\"bodytext large-12 small-12 medium-12\" data-element-guid=\"922aeaca-5e8f-45cc-911d-a0fb30714c97\">\n \n \n\n <div class=\"column factbox state-expanded-desktop small-12 large-12 medium-12 small-abs-12 large-abs-12 style-fade expandable-mobile expandable-desktop collapsable-mobile collapsable-desktop\" data-element-guid=\"f0ad3e78-c2ea-4c90-afaf-8c84ddd5e743\" id=\"factbox-84274379\">\n \n <div class=\"content bg-gray color_mobile_bg-gray hasContentPadding mobile-hasContentPadding\" style=\"\">\n \n \n <h2 class=\"\" style=\"\">Kort fortalt</h2>\n <div class=\"fact collapsableContent \">\n <p lang=\"nb-NO\">Donald Trumps tollpolitikk har ikke redusert USAs handelsunderskudd som planlagt.</p><p lang=\"nb-NO\">HĂžyesterett erklĂŠrte Trumps toll ugyldig, men han innfĂžrte umiddelbart en ny global toll pĂ„ 15 prosent.</p><p lang=\"nb-NO\">Amerikanerne betaler nesten hele tollen, noe som i praksis fungerer som en skatt.</p><p lang=\"nb-NO\">Ăkonomien i USA gĂ„r greit, men tollene har rammet lavinntektsgrupper hardest.</p><p class=\"italic ai-disclaimer\" data-lab-italic=\"italic\">Sammendraget er laget av ChatGPT og godkjent av BĂžrsen.</p>\n </div>\n <button aria-controls=\"factbox-content\" aria-expanded=\"false\" class=\"toggle\">\n <span class=\"toggle-text read-more\">Vis mer</span>\n <span class=\"toggle-text read-less\">Vis mindre</span>\n </button>\n </div>\n\n \n</div>\n\t\n<div class=\"row xrow flex-column fullwidth fullscreen-z-index\"><div class=\"adunit-wrapper track-element column small-12 medium-12 large-12\" data-from=\"xavier\" id=\"apos-fullscreen1\"><div class=\"adunit GoogleActiveViewElement small-fullscreen-x medium-fullscreen-x large-fullscreen-x\" data-collapse=\"false\" data-expand=\"false\" data-load-on=\"load\" data-out-of-page=\"false\" data-sizes=\"[[[0,0],[[320,400],[1,1],[1,2]]],[[600,600],[[1,1],[1,2]]],[[1000, 600],[[980,300],[980,150],[970,250],[980,600],[1,1],[1,2]]]]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-fullscreen1\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"fullscreen1","platform":"wolverine"}}\"></div></div><div class=\"adunit-wrapper track-element sticky-ad\" data-from=\"xavier\" id=\"apos-sticky-right1\"><div class=\"adunit GoogleActiveViewElement large-300x700 sticky-right\" data-collapse=\"true\" data-expand=\"false\" data-load-on=\"view\" data-out-of-page=\"false\" data-sizes=\"[[[0,0],[]],[[1345,600],[160,600]],[[1385,600],[[180,500],[180,700],[160,600]]],[[1625,600],[[300,600],[180,500],[180,700],[160,600]]]]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-sticky-right1\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"sticky-right1","platform":"wolverine"}}\"></div></div></div>\n\n\n<p class=\"font-weight-bold m-font-weight-bold\" data-lab-font_weight=\"font-weight-bold\">- To ting har skjedd: Handelsunderskuddet er ikke endret, og utlendingene har ikke betalt, sier sjefĂžkonom Harald Magnus Andreassen i Sparebank 1 Markets, til BĂžrsen.</p>\t\n\n\n\n<p>Tall for 2025, som kom like fĂžr helga, viser at Donald Trumps tollregime sĂ„ langt ikke har lyktes Ă„ oppnĂ„ det han Ăžnsker: Redusere handelsunderskuddet til USA.</p>\t\n\n\n\n<p>Riktignok falt det samlede handelsunderskuddet, som er vare- og tjenestehandel, fra 903 milliarder dollar i 2024 til 901 milliarder dollar i 2025, skriver <a href=\"https://www.nytimes.com/2026/02/19/business/economy/imports-tariffs-trade-deficit.html\">New York Times. </a></p><article class=\" small-12 large-12 medium-12 small-abs-12 large-abs-12 preview-link \" data-element-guid=\"508b9b8f-1383-45a6-99b1-b27951207a6d\" data-instance=\"84275787\" data-section=\"nyheter\" data-site-alias=\"borsen\">\n\n <div class=\"content bg-white color_mobile_bg-white hasContentPadding mobile-hasContentPadding\" style=\"\">\n\n <a href=\"https://borsen.dagbladet.no/nyheter/eu-tar-tollgrep/84275787\" itemprop=\"url\">\n \n <figure class=\"\" data-element-guid=\"9a797c65-67fb-4dcd-b737-228065e3595b\" style=\"--padding-bottom-image: 45.00%; \">\n\n\n <div class=\"img fullwidthTarget \">\n <picture>\n <source height=\"441\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84275762.webp?imageId=84275762&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882&format=webp\" type=\"image/webp\" width=\"980\"> \n <source height=\"441\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84275762.webp?imageId=84275762&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882&format=jpg\" type=\"image/jpeg\" width=\"980\"> \n <source height=\"171\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84275762.webp?imageId=84275762&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=760&height=342&format=webp\" type=\"image/webp\" width=\"380\">\n <source height=\"171\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84275762.webp?imageId=84275762&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=760&height=342&format=jpg\" type=\"image/jpeg\" width=\"380\">\n <img alt=\"\" class=\"lazyload\" data-src=\"https://borsen.dagbladet.no/images/84275762.webp?imageId=84275762&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882\" height=\"441\" style=\"--aspect-ratio-image: 2.22; \" title=\"EU tar tollgrep\" width=\"980\">\n </picture>\n \n </div>\n\n \n\n\n\n</figure>\n\n\n <header data-before-content=\"Les ogsĂ„\">\n <h3 class=\"headline\">EU tar tollgrep</h3>\n\n\n </header>\n <span class=\"arrow\">\n <svg height=\"24\" viewbox=\"0 0 24 17\" width=\"24\" xmlns=\"http://www.w3.org/2000/svg\">\n <g fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-width=\"1.2\">\n <path d=\"M15.4 1l4 3.825 4 3.775-4 3.825-4 3.775\" stroke-linejoin=\"round\"></path>\n <path d=\"M22.2 8.6H1\"></path>\n </g>\n </svg>\n </span>\n </a>\n\n </div>\n\n</article>\n<h3>Tap i retten</h3>\t\n<div class=\"row xrow flex-initial\"><article class=\"column preview columns xavier-preview small-12 medium-12 large-12 native-advertisement\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/annonsorinnhold/v/borsen/experience-oman/vi-har-aldri-opplevd-noe-lignende/11143070/\"><div class=\"content-marketing-ribbon\"><h3>AnnonsĂžrinnhold</h3><img alt=\" logo\" class=\"lazyload\" data-src=\"https://www.dagbladet.no/files/2025/10/28/Omanlogo1.jpg\" loading=\"lazy\"></div><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/84248811.jpg?imageId=84248811&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&compression=70&format=webp&width=980&height=490 1.0x, https://borsen.dagbladet.no/images/84248811.jpg?imageId=84248811&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&compression=70&format=webp&width=1470&height=735 1.5x, https://borsen.dagbladet.no/images/84248811.jpg?imageId=84248811&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&compression=70&format=webp&width=1960&height=980 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: â Vi har bare sett slikt fĂžr pĂ„ bilder\" fetchpriority=\"high\" height=\"490\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/84248811.jpg?imageId=84248811&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"980\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:3.14em;--xcs-headline-size-md:5.48rem;--xcs-headline-size-lg:5.48rem\">â Vi har bare sett</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:3.25em;--xcs-headline-size-md:5.67rem;--xcs-headline-size-lg:5.67rem\">slikt fĂžr pĂ„ bilder</span></h2></a></div></article></div>\n\n\n<p>Men nedgangen i handelsunderskuddet kan tilskrives Ăžkt overskudd i tjenestehandelen, ikke en forbedring i varehandelen, som er det Trump har brukt som argumentasjon for toll.</p>\t\n\n\n\n<p>Handelsunderskuddet i varehandelen var pĂ„ rekordhĂžye 1240 milliarder dollar, som er en Ăžkning pĂ„ 2,1 prosent fra Ă„ret fĂžr. </p>\t\n\n\n\n<p>Fredag kom ogsĂ„ tollavgjĂžrelsen fra HĂžyesterett som det var knyttet stor spenning til. HĂžyesterett fastslo at Trump ikke hadde myndighet til Ă„ innfĂžre tollen, og erklĂŠrte den ugyldig.</p>\t\n\n\n\n<p>Trump svarte med Ă„ umiddelbart innfĂžre en ny global toll pĂ„ 15 prosent.</p>\t\n\n\n\n<p>Likevel har altsĂ„ hans gamle tollregime virket fram til fredag, uten den tiltenkte effekten.</p>\t\n\n\n\n<p>Trump har svĂŠrt lenge vĂŠrt Ă„pen om at han er stor tilhenger av Ă„ innfĂžre toll, som han kaller «det vakreste ordet».</p>\t\n\n\n\n<p class=\"font-weight-bold m-font-weight-bold\" data-lab-font_weight=\"font-weight-bold\">«Jeg foreslĂ„r toll pĂ„ andre land som utnytter oss (...) Disse tollene betales av landet som utnytter oss, IKKE AV DEN AMERIKANSKE FORBRUKEREN», skrev Trump pĂ„ <a href=\"https://x.com/TrumpDailyPosts/status/1849542470582902854\">X </a>under valgkampen i 2024.</p>\t\n<div class=\"row xrow flex-initial\"><div class=\"adunit-wrapper track-element column small-12 medium-12 large-12\" data-from=\"xavier\" id=\"apos-netboard1\"><div class=\"adunit GoogleActiveViewElement small-580x500 medium-580x500 large-580x500\" data-collapse=\"false\" data-expand=\"false\" data-load-on=\"view\" data-out-of-page=\"false\" data-sizes=\"[[580,400],[580,500],"fluid"]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-netboard1\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"netboard1","platform":"wolverine"}}\"></div></div></div>\n\n\n<p>Men tallenes tale er at det ikke stemmer.</p><article class=\" small-12 large-12 medium-12 small-abs-12 large-abs-12 preview-link \" data-element-guid=\"dbf0eb93-7cdb-4bec-9d20-60bfc792b903\" data-instance=\"84270677\" data-section=\"nyheter\" data-site-alias=\"borsen\">\n\n <div class=\"content bg-white color_mobile_bg-white hasContentPadding mobile-hasContentPadding\" style=\"\">\n\n <a href=\"https://borsen.dagbladet.no/nyheter/oker-tollsatsen-igjen-uroen-fortsetter/84270677\" itemprop=\"url\">\n \n <figure class=\"\" data-element-guid=\"15248d94-3e82-4ec3-bc4a-18d11e172ab7\" style=\"--padding-bottom-image: 45.00%; \">\n\n\n <div class=\"img fullwidthTarget \">\n <picture>\n <source height=\"441\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84270682.webp?imageId=84270682&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882&format=webp\" type=\"image/webp\" width=\"980\"> \n <source height=\"441\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84270682.webp?imageId=84270682&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882&format=jpg\" type=\"image/jpeg\" width=\"980\"> \n <source height=\"171\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84270682.webp?imageId=84270682&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=760&height=342&format=webp\" type=\"image/webp\" width=\"380\">\n <source height=\"171\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84270682.webp?imageId=84270682&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=760&height=342&format=jpg\" type=\"image/jpeg\" width=\"380\">\n <img alt=\"\" class=\"lazyload\" data-src=\"https://borsen.dagbladet.no/images/84270682.webp?imageId=84270682&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882\" height=\"441\" style=\"--aspect-ratio-image: 2.22; \" title=\"Ăker tollsatsen igjen: - Uroen fortsetter\" width=\"980\">\n </picture>\n \n </div>\n\n \n\n\n\n</figure>\n\n\n <header data-before-content=\"Les ogsĂ„\">\n <h3 class=\"headline\">Ăker tollsatsen igjen: - Uroen fortsetter</h3>\n\n\n </header>\n <span class=\"arrow\">\n <svg height=\"24\" viewbox=\"0 0 24 17\" width=\"24\" xmlns=\"http://www.w3.org/2000/svg\">\n <g fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-width=\"1.2\">\n <path d=\"M15.4 1l4 3.825 4 3.775-4 3.825-4 3.775\" stroke-linejoin=\"round\"></path>\n <path d=\"M22.2 8.6H1\"></path>\n </g>\n </svg>\n </span>\n </a>\n\n </div>\n\n</article>\n<h3>Amerikanere betaler tollen</h3>\t\n\n\n\n<p>Andreassen viser til at man kan mĂ„le hva varer koster nĂ„r de kommer inn til havner i USA, pĂ„ en importprisindeks. Tanken var at utlendingene mĂ„tte kutte prisene, sĂ„ ble tollen lagt pĂ„ i USA, og prisen ut i den andre enden - til amerikanske forbrukere - ble den samme.</p>\t\n\n\n\n<p>- Det har ikke skjedd, sier Andreassen, og fortsetter:</p>\t\n\n\n\n<p class=\"font-weight-bold m-font-weight-bold\" data-lab-font_weight=\"font-weight-bold\">- Prisene inn til USA er uendret. Varene som kommer inn pĂ„ brygga i USA har samme pris, og nĂ„r de kommer ut av tollageret har de steget med 10-11 prosent. Det er det noen i USA som betaler.</p>\t\n<div class=\"row xrow flex-initial\"><article class=\"column preview columns xavier-preview small-12 medium-12 large-12 native-advertisement\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/annonsorinnhold/v/borsen/xpeng/11143064/\"><div class=\"content-marketing-ribbon\"><h3>AnnonsĂžrinnhold</h3><img alt=\" logo\" class=\"lazyload\" data-src=\"https://www.dagbladet.no/files/2024/02/15/xpeng-logo-2021-2.png\" loading=\"lazy\"></div><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><video autoplay class=\"xre-moving-image\" disableremoteplayback height=\"490\" loop muted playsinline poster=\"https://borsen.dagbladet.no/images/84267374.jpg?imageId=84267374&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&width=980&height=490&compression=70&format=webp\" preload=\"none\" src=\"https://snipp.dbstatic.no/2026/02/23/6a60c900-bb53-425d-9f6d-b9d148504be4/videoplugg_soelve.mp4\" style=\"background: url('https://borsen.dagbladet.no/images/84267374.jpg?imageId=84267374&x=0.000000&y=0.000000&cropw=0.000000&croph=0.000000&width=980&height=490&compression=70&format=webp') 50% 50% / cover no-repeat;position:relative;object-fit:cover;width:100%;height:100%\" title=\"Illustrasjon: Slik gikk det med elbilen i 40 minus\" width=\"980\"><source src=\"https://snipp.dbstatic.no/2026/02/23/6a60c900-bb53-425d-9f6d-b9d148504be4/videoplugg_soelve.mp4\" type=\"video/mp4\"><source src=\"https://snipp.dbstatic.no/2026/02/23/6a60c900-bb53-425d-9f6d-b9d148504be4/videoplugg_soelve.webm\" type=\"video/webm\"></video></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:3.25em;--xcs-headline-size-md:5.66rem;--xcs-headline-size-lg:5.66rem\">Slik gikk det med</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:3.13em;--xcs-headline-size-md:5.46rem;--xcs-headline-size-lg:5.46rem\">elbilen i 40 minus</span></h2></a></div></article></div>\n\n\n<p>Federal Reserve Bank of New York har ogsĂ„ regnet ut at amerikanere betaler tett pĂ„ hele tollen, skriver <a href=\"https://www.reuters.com/world/us/ny-fed-report-says-americans-pay-almost-all-trumps-tariffs-2026-02-12/?utm_source=chatgpt.com\">Reuters</a>. Fra januar til august i fjor betalte amerikanerne 94 prosent av tollen. Mot slutten av Ă„ret falt det til 86 prosent.</p>\t\n\n\n\n<p>Andreassen sier at dette i realiteten er en skatt som amerikanerne mĂ„ betale, noe som ogsĂ„ var det HĂžyesterett kom fram til. Toll er Ă„ regne som skatter og avgifter, og dette ligger til Kongressen Ă„ vedta. Trump kan med andre ord ikke presse gjennom en slik tollĂžkning uten Kongressens godkjenning, og dermed ble tollsatsene kjent ugyldige.</p><article class=\" small-12 large-12 medium-12 small-abs-12 large-abs-12 preview-link \" data-element-guid=\"fc838235-1d45-4635-b8a0-db0919827f1c\" data-instance=\"84269244\" data-section=\"nyheter\" data-site-alias=\"borsen\">\n\n <div class=\"content bg-white color_mobile_bg-white hasContentPadding mobile-hasContentPadding\" style=\"\">\n\n <a href=\"https://borsen.dagbladet.no/nyheter/varsler-mareritt-blir-kaos/84269244\" itemprop=\"url\">\n \n <figure class=\"\" data-element-guid=\"caa29751-bac8-4df5-a289-277e904170b9\" style=\"--padding-bottom-image: 45.00%; \">\n\n\n <div class=\"img fullwidthTarget \">\n <picture>\n <source height=\"441\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84269585.webp?imageId=84269585&x=0.00&y=0.83&cropw=100.00&croph=71.67&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882&format=webp\" type=\"image/webp\" width=\"980\"> \n <source height=\"441\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84269585.webp?imageId=84269585&x=0.00&y=0.83&cropw=100.00&croph=71.67&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882&format=jpg\" type=\"image/jpeg\" width=\"980\"> \n <source height=\"171\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84269585.webp?imageId=84269585&x=0.00&y=0.83&cropw=100.00&croph=71.67&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=760&height=342&format=webp\" type=\"image/webp\" width=\"380\">\n <source height=\"171\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84269585.webp?imageId=84269585&x=0.00&y=0.83&cropw=100.00&croph=71.67&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=760&height=342&format=jpg\" type=\"image/jpeg\" width=\"380\">\n <img alt=\"\" class=\"lazyload\" data-src=\"https://borsen.dagbladet.no/images/84269585.webp?imageId=84269585&x=0.00&y=0.83&cropw=100.00&croph=71.67&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882\" height=\"441\" style=\"--aspect-ratio-image: 2.22; \" title=\"Varsler mareritt: - Blir kaos\" width=\"980\">\n </picture>\n \n </div>\n\n \n\n\n\n</figure>\n\n\n <header data-before-content=\"Les ogsĂ„\">\n <h3 class=\"headline\">Varsler mareritt: - Blir kaos</h3>\n\n\n </header>\n <span class=\"arrow\">\n <svg height=\"24\" viewbox=\"0 0 24 17\" width=\"24\" xmlns=\"http://www.w3.org/2000/svg\">\n <g fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-width=\"1.2\">\n <path d=\"M15.4 1l4 3.825 4 3.775-4 3.825-4 3.775\" stroke-linejoin=\"round\"></path>\n <path d=\"M22.2 8.6H1\"></path>\n </g>\n </svg>\n </span>\n </a>\n\n </div>\n\n</article>\n<h3>- Toll er tull</h3>\t\n<div class=\"row xrow flex-initial\"><div class=\"adunit-wrapper track-element column small-12 medium-12 large-12\" data-from=\"xavier\" id=\"apos-netboard2\"><div class=\"adunit GoogleActiveViewElement small-580x500 medium-580x500 large-580x500\" data-collapse=\"false\" data-expand=\"false\" data-load-on=\"view\" data-out-of-page=\"false\" data-sizes=\"[[580,400],[580,500],"fluid"]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-netboard2\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"netboard2","platform":"wolverine"}}\"></div></div></div>\n\n\n<p>Andreassen pĂ„peker ogsĂ„ at «alle som regner pĂ„ det» kommer fram til at tollen rammer dem med lavest inntekt mest.</p>\t\n\n\n\n<p class=\"font-weight-bold m-font-weight-bold\" data-lab-font_weight=\"font-weight-bold\">- De bruker mer penger pĂ„ varer enn tjenester, og de kjĂžper billige importvarer. De har fĂ„tt en skikkelig smell, sier Andreassen.</p>\t\n\n\n\n<p>Trumps nye globale toll pĂ„ 15 prosent fĂžrer ifĂžlge Andreassen til at satsene blir omtrent de samme som fĂžr. Litt lavere, men ikke synlig lavere.</p>\t\n\n\n\n<p>- Dermed fortsetter dette tolltullet, med litt andre begrunnelser, sier Andreassen.</p>\t\n\n\n\n<p class=\"italic m-italic\" data-lab-italic=\"italic\">- I lys av tallene - hvordan vil du oppsummere Trumps tollpolitikk?</p>\t\n\n\n\n<div class=\"markup\">\n \n <div class=\"track-element\" id=\"read-75-percentage\"></div>\n \n</div>\n<p>- At toll er tull, som de sier pĂ„ svensk. Det er vanskelig Ă„ finne Ăžkonomer som har tro pĂ„ toll. Det er fordi det bidrar til at produksjonen blir mindre effektiv. Man handler varene der de blir billigst etter toll, ikke der de er billigst Ă„ produsere.</p><article class=\" small-12 large-12 medium-12 small-abs-12 large-abs-12 preview-link \" data-element-guid=\"39e2dc25-07bd-4926-b1b6-94870c18a622\" data-instance=\"84269372\" data-section=\"nyheter\" data-site-alias=\"borsen\">\n\n <div class=\"content bg-white color_mobile_bg-white hasContentPadding mobile-hasContentPadding\" style=\"\">\n\n <a href=\"https://borsen.dagbladet.no/nyheter/raskeste-pa-16-ar/84269372\" itemprop=\"url\">\n \n <figure class=\"\" data-element-guid=\"9b2ef1b9-fb0d-4c46-a038-830c09f62b8a\" style=\"--padding-bottom-image: 45.00%; \">\n\n\n <div class=\"img fullwidthTarget \">\n <picture>\n <source height=\"441\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84269391.webp?imageId=84269391&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882&format=webp\" type=\"image/webp\" width=\"980\"> \n <source height=\"441\" media=\"(min-width: 768px)\" srcset=\"https://borsen.dagbladet.no/images/84269391.webp?imageId=84269391&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882&format=jpg\" type=\"image/jpeg\" width=\"980\"> \n <source height=\"171\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84269391.webp?imageId=84269391&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=760&height=342&format=webp\" type=\"image/webp\" width=\"380\">\n <source height=\"171\" media=\"(max-width: 767px)\" srcset=\"https://borsen.dagbladet.no/images/84269391.webp?imageId=84269391&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=760&height=342&format=jpg\" type=\"image/jpeg\" width=\"380\">\n <img alt=\"\" class=\"lazyload\" data-src=\"https://borsen.dagbladet.no/images/84269391.webp?imageId=84269391&x=0.00&y=0.00&cropw=100.00&croph=100.00&heightx=0.00&heighty=0.00&heightw=100.00&heighth=100.00&width=1960&height=882\" height=\"441\" style=\"--aspect-ratio-image: 2.22; \" title=\"Raskeste pĂ„ 16 Ă„r\" width=\"980\">\n </picture>\n \n </div>\n\n \n\n\n\n</figure>\n\n\n <header data-before-content=\"Les ogsĂ„\">\n <h3 class=\"headline\">Raskeste pĂ„ 16 Ă„r </h3>\n\n\n </header>\n <span class=\"arrow\">\n <svg height=\"24\" viewbox=\"0 0 24 17\" width=\"24\" xmlns=\"http://www.w3.org/2000/svg\">\n <g fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-width=\"1.2\">\n <path d=\"M15.4 1l4 3.825 4 3.775-4 3.825-4 3.775\" stroke-linejoin=\"round\"></path>\n <path d=\"M22.2 8.6H1\"></path>\n </g>\n </svg>\n </span>\n </a>\n\n </div>\n\n</article>\n<h3>- SpektakulĂŠrt</h3>\t\n<div class=\"row xrow flex-initial\"><div class=\"adunit-wrapper track-element column small-12 medium-12 large-12\" data-from=\"xavier\" id=\"apos-netboard3\"><div class=\"adunit GoogleActiveViewElement small-580x500 medium-580x500 large-580x500\" data-collapse=\"false\" data-expand=\"false\" data-load-on=\"view\" data-out-of-page=\"false\" data-sizes=\"[[580,400],[580,500],"fluid"]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-netboard3\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"netboard3","platform":"wolverine"}}\"></div></div></div>\n\n\n<p>Den amerikanske Ăžkonomien som helhet gĂ„r helt ok. I fjor steg bruttonasjonalproduktet med 2,2 prosent.</p>\t\n\n\n\n<p>- Det har ikke vĂŠrt noe kanonĂ„r som Trump prĂžver Ă„ si. Det har ikke det. Men Ăžkonomien er ikke svak, sier Andreassen.</p>\t\n\n\n\n<p>Arbeidsledigheten er lav, mens det som kan gi grunn til Ă„ klage litt er at inntektsutviklingen til amerikanere er litt svak, og at forbruket begynner Ă„ svekkes litt.</p>\t\n\n\n\n<p class=\"font-weight-bold m-font-weight-bold\" data-lab-font_weight=\"font-weight-bold\">- USA har hatt griseflaks. Tollen har rammet dem selv, men de har fĂ„tt et veldig vekstbidrag i investering i KI, sier Andreassen.</p>\t\n\n\n\n<p>Investering i KI stĂ„r for rundt halvparten av veksten pĂ„ 1,1 prosent.</p>\t\n\n\n\n<p>- Det er spektakulĂŠrt. Det kan vĂŠre en god nyhet, at man har funnet nye produkter som gir nytte. Men investeringene kan bli for hĂžye, alle skal sette i gang samtidig, sĂ„ smellen kan komme, sier Andreassen, og legger til:</p>\t\n\n\n\n<p>- Risikoen er ikke helt borte, men sĂ„ langt ser det ut til Ă„ gĂ„ helt greit i sum.</p>\t\n\n\n\n\n\n \n\n \n</div>\n\n\n \n\n <div class=\"page-content\" data-element-guid=\"11e81815-15a5-405f-b212-9decec20cfb3\"></div>\n\n\n <div class=\"bodytext large-12 small-12 medium-12\">\n <div class=\"column expandwidth small-12 large-12 medium-12 small-abs-12 large-abs-12\">\n <div class=\"video-carousel-min-height track-element\" id=\"video-carousel-container\" style=\"position: relative;\">\n <div class=\"aller-video-container carousel-content\" data-carousel-length=\"12\" data-playlist-id=\"fMIL1poD\" data-variant=\"carousel\"></div>\n </div>\n </div>\n </div>\n\n\n\n\n\n <footer class=\"articleFooter\" data-element-guid=\"922aeaca-5e8f-45cc-911d-a0fb30714c97\">\n <button class=\"button primary medium fullwidth\" id=\"footer-share-button\">\n Del 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track-element column small-8 medium-8 large-8\" data-from=\"xavier\" id=\"apos-netboardB1\"><div class=\"adunit GoogleActiveViewElement small-580x500 medium-580x500 large-580x500\" data-collapse=\"false\" data-expand=\"false\" data-load-on=\"view\" data-out-of-page=\"false\" data-sizes=\"[[580,400],[580,500],"fluid"]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-netboardB1\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"netboardB1","platform":"wolverine"}}\"></div></div><div class=\"xavier columns small-4 medium-4 large-4\"><div class=\"row xrow flex-column\"><article class=\"column preview columns xavier-preview small-12 medium-12 large-12\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/forlot-middag-hamret-los/84271645\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84271651&panow=100&panoh=100&panox=0&panoy=0&heightx=0&heighty=0&heighth=100&heightw=100&compression=70&format=webp&width=320&height=160 1.0x, https://borsen.dagbladet.no/images/?imageId=84271651&panow=100&panoh=100&panox=0&panoy=0&heightx=0&heighty=0&heighth=100&heightw=100&compression=70&format=webp&width=480&height=240 1.5x, https://borsen.dagbladet.no/images/?imageId=84271651&panow=100&panoh=100&panox=0&panoy=0&heightx=0&heighty=0&heighth=100&heightw=100&compression=70&format=webp&width=640&height=320 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: Forlot middag: - Ble for mye\" fetchpriority=\"high\" height=\"160\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84271651&panow=100&panoh=100&panox=0&panoy=0&heightx=0&heighty=0&heighth=100&heightw=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"320\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.17em;--xcs-headline-size-md:3.66em;--xcs-headline-size-lg:3.66rem\">Forlot middag:</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.31em;--xcs-headline-size-md:4.11em;--xcs-headline-size-lg:4.11rem\">- Ble for mye</span></h2></a></div></article><article class=\"column preview columns xavier-preview small-12 medium-12 large-12\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/trodde-han-skulle-eksplodere/84268885\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84268925&panow=88&panoy=13.75&panoh=67.89&panox=12&heightw=38.1&heighth=100&heightx=46.33&heighty=0&compression=70&format=webp&width=320&height=160 1.0x, https://borsen.dagbladet.no/images/?imageId=84268925&panow=88&panoy=13.75&panoh=67.89&panox=12&heightw=38.1&heighth=100&heightx=46.33&heighty=0&compression=70&format=webp&width=480&height=240 1.5x, https://borsen.dagbladet.no/images/?imageId=84268925&panow=88&panoy=13.75&panoh=67.89&panox=12&heightw=38.1&heighth=100&heightx=46.33&heighty=0&compression=70&format=webp&width=640&height=320 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: - Trodde han skulle eksplodere\" fetchpriority=\"high\" height=\"160\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84268925&panow=88&panoy=13.75&panoh=67.89&panox=12&heightw=38.1&heighth=100&heightx=46.33&heighty=0\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"320\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.33em;--xcs-headline-size-md:4.17em;--xcs-headline-size-lg:4.17rem\">- Trodde han</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:0.95em;--xcs-headline-size-md:2.99em;--xcs-headline-size-lg:2.99rem\">skulle eksplodere</span></h2></a></div></article></div></div></div><div class=\"row xrow flex-initial\"><article class=\"column preview columns xavier-preview small-6 medium-6 large-6\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/starten-pa-slutten/84112841\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84113086&panoy=0&panox=0&panow=100&panoh=100&heightx=0&heightw=100&heighth=100&heighty=0&compression=70&format=webp&width=484&height=242 1.0x, https://borsen.dagbladet.no/images/?imageId=84113086&panoy=0&panox=0&panow=100&panoh=100&heightx=0&heightw=100&heighth=100&heighty=0&compression=70&format=webp&width=726&height=363 1.5x, https://borsen.dagbladet.no/images/?imageId=84113086&panoy=0&panox=0&panow=100&panoh=100&heightx=0&heightw=100&heighth=100&heighty=0&compression=70&format=webp&width=968&height=484 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: - Starten pĂ„ slutten\" fetchpriority=\"high\" height=\"242\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84113086&panoy=0&panox=0&panow=100&panoh=100&heightx=0&heightw=100&heighth=100&heighty=0\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"484\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:3.24em;--xcs-headline-size-md:9.48em;--xcs-headline-size-lg:9.48rem\">- Starten</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:2.80em;--xcs-headline-size-md:8.20em;--xcs-headline-size-lg:8.20rem\">pĂ„ slutten</span></h2></a></div></article><article class=\"column preview columns xavier-preview small-6 medium-6 large-6\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/varsler-mareritt-blir-kaos/84269244\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:65.50%;aspect-ratio:1.53\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84269585&panox=0&panow=100&panoh=71.67&panoy=0.83&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=484&height=317 1.0x, https://borsen.dagbladet.no/images/?imageId=84269585&panox=0&panow=100&panoh=71.67&panoy=0.83&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=726&height=476 1.5x, https://borsen.dagbladet.no/images/?imageId=84269585&panox=0&panow=100&panoh=71.67&panoy=0.83&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=968&height=634 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: Varsler mareritt: - Blir kaos\" fetchpriority=\"high\" height=\"317\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84269585&panox=0&panow=100&panoh=71.67&panoy=0.83&heighty=0&heightx=0&heightw=100&heighth=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"484\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.70em;--xcs-headline-size-md:4.96em;--xcs-headline-size-lg:4.96rem\">Varsler mareritt:</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:2.74em;--xcs-headline-size-md:8.01em;--xcs-headline-size-lg:8.01rem\">- Blir kaos</span></h2></a></div></article></div><div class=\"row xrow flex-initial\"><article class=\"column preview columns xavier-preview small-5 medium-5 large-5\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/stuper-begynner-a-smerte/84162262\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:94.53%;aspect-ratio:1.06\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84162342&panoy=0&panox=0&panoh=71.67&panow=100&heighty=0&heightx=23.25&heightw=41.43&heighth=100&compression=70&format=webp&width=402&height=380 1.0x, https://borsen.dagbladet.no/images/?imageId=84162342&panoy=0&panox=0&panoh=71.67&panow=100&heighty=0&heightx=23.25&heightw=41.43&heighth=100&compression=70&format=webp&width=603&height=570 1.5x, https://borsen.dagbladet.no/images/?imageId=84162342&panoy=0&panox=0&panoh=71.67&panow=100&heighty=0&heightx=23.25&heightw=41.43&heighth=100&compression=70&format=webp&width=804&height=760 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: - Blir tĂžffe tak\" fetchpriority=\"high\" height=\"380\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84162342&panoy=0&panox=0&panoh=71.67&panow=100&heighty=0&heightx=23.25&heightw=41.43&heighth=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"402\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:4.65em;--xcs-headline-size-md:13.93em;--xcs-headline-size-lg:13.93rem\">- Blir</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:2.66em;--xcs-headline-size-md:7.99em;--xcs-headline-size-lg:7.99rem\">tĂžffe tak</span></h2></a></div></article><article class=\"column preview columns xavier-preview small-7 medium-7 large-7\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/eu-tar-tollgrep/84275787\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:49.91%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84275762&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightw=100&heighth=100&heightx=0&compression=70&format=webp&width=565&height=282 1.0x, https://borsen.dagbladet.no/images/?imageId=84275762&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightw=100&heighth=100&heightx=0&compression=70&format=webp&width=848&height=423 1.5x, https://borsen.dagbladet.no/images/?imageId=84275762&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightw=100&heighth=100&heightx=0&compression=70&format=webp&width=1130&height=564 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: EU tar tollgrep\" fetchpriority=\"high\" height=\"282\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84275762&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightw=100&heighth=100&heightx=0\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"565\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:5.43em;--xcs-headline-size-md:15.60em;--xcs-headline-size-lg:15.60rem\">EU tar</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:4.35em;--xcs-headline-size-md:12.50em;--xcs-headline-size-lg:12.50rem\">tollgrep</span></h2></a></div></article></div><div class=\"row xrow flex-initial\"><div class=\"adunit-wrapper track-element column small-8 medium-8 large-8\" data-from=\"xavier\" id=\"apos-netboardB2\"><div class=\"adunit GoogleActiveViewElement small-580x500 medium-580x500 large-580x500\" data-collapse=\"false\" data-expand=\"false\" data-load-on=\"view\" data-out-of-page=\"false\" data-sizes=\"[[580,400],[580,500],"fluid"]\" data-slot=\"/8578/borsen/seksjoner/nyheter/artikkel\" id=\"ad-netboardB2\" itemscope itemtype=\"https://schema.org/WPAdBlock\" json=\"{"targeting":{"pos":"netboardB2","platform":"wolverine"}}\"></div></div><div class=\"xavier columns small-4 medium-4 large-4\"><div class=\"row xrow flex-column\"><article class=\"column preview columns xavier-preview small-12 medium-12 large-12\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/slakter-trump-en-logner/84109818\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84109856&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighty=0&heightx=0&heighth=100&compression=70&format=webp&width=320&height=160 1.0x, https://borsen.dagbladet.no/images/?imageId=84109856&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighty=0&heightx=0&heighth=100&compression=70&format=webp&width=480&height=240 1.5x, https://borsen.dagbladet.no/images/?imageId=84109856&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighty=0&heightx=0&heighth=100&compression=70&format=webp&width=640&height=320 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: Slakter Trump: - En lĂžgner\" fetchpriority=\"high\" height=\"160\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84109856&panoy=0&panox=0&panow=100&panoh=100&heightw=100&heighty=0&heightx=0&heighth=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"320\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.13em;--xcs-headline-size-md:3.55em;--xcs-headline-size-lg:3.55rem\">Slakter Trump:</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.56em;--xcs-headline-size-md:4.87em;--xcs-headline-size-lg:4.87rem\">- En lĂžgner</span></h2></a></div></article><article class=\"column preview columns xavier-preview small-12 medium-12 large-12\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/pengene-skal-kontrolleres-av-meg/84064377\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84064382&panow=100&panoh=100&panoy=0&panox=0&heightx=0&heighty=0&heightw=100&heighth=100&compression=70&format=webp&width=320&height=160 1.0x, https://borsen.dagbladet.no/images/?imageId=84064382&panow=100&panoh=100&panoy=0&panox=0&heightx=0&heighty=0&heightw=100&heighth=100&compression=70&format=webp&width=480&height=240 1.5x, https://borsen.dagbladet.no/images/?imageId=84064382&panow=100&panoh=100&panoy=0&panox=0&heightx=0&heighty=0&heightw=100&heighth=100&compression=70&format=webp&width=640&height=320 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: - Pengene skal kontrolleres av meg\" fetchpriority=\"high\" height=\"160\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84064382&panow=100&panoh=100&panoy=0&panox=0&heightx=0&heighty=0&heightw=100&heighth=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"320\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.15em;--xcs-headline-size-md:3.60em;--xcs-headline-size-lg:3.60rem\">- Pengene skal</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:0.84em;--xcs-headline-size-md:2.64em;--xcs-headline-size-lg:2.64rem\">kontrolleres av meg</span></h2></a></div></article></div></div></div><div class=\"row xrow flex-initial\"><article class=\"column preview columns xavier-preview small-6 medium-6 large-6\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/kjoper-stadig-mer-av-usas-gjeld/84165013\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:50.00%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84165018&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=484&height=242 1.0x, https://borsen.dagbladet.no/images/?imageId=84165018&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=726&height=363 1.5x, https://borsen.dagbladet.no/images/?imageId=84165018&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=968&height=484 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: KjĂžper stadig mer av USAs gjeld\" fetchpriority=\"high\" height=\"242\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84165018&panox=0&panow=100&panoh=100&panoy=0&heighty=0&heightx=0&heightw=100&heighth=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"484\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.56em;--xcs-headline-size-md:4.57em;--xcs-headline-size-lg:4.57rem\">KjĂžper stadig mer</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:2.04em;--xcs-headline-size-md:5.97em;--xcs-headline-size-lg:5.97rem\">av USAs gjeld</span></h2></a></div></article><article class=\"column preview columns xavier-preview small-6 medium-6 large-6\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/har-tatt-kontroll-apenbart-brudd/84095367\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:52.48%;aspect-ratio:1.91\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84095387&panow=100&panoh=100&panoy=0&panox=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=484&height=254 1.0x, https://borsen.dagbladet.no/images/?imageId=84095387&panow=100&panoh=100&panoy=0&panox=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=726&height=381 1.5x, https://borsen.dagbladet.no/images/?imageId=84095387&panow=100&panoh=100&panoy=0&panox=0&heighty=0&heightx=0&heightw=100&heighth=100&compression=70&format=webp&width=968&height=508 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: Har tatt kontroll: - Ă
penbart brudd\" fetchpriority=\"high\" height=\"254\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84095387&panow=100&panoh=100&panoy=0&panox=0&heighty=0&heightx=0&heightw=100&heighth=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"484\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.68em;--xcs-headline-size-md:4.90em;--xcs-headline-size-lg:4.90rem\">Har tatt kontroll:</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.66em;--xcs-headline-size-md:4.85em;--xcs-headline-size-lg:4.85rem\">- Ă
penbart brudd</span></h2></a></div></article></div><div class=\"row xrow flex-initial\"><article class=\"column preview columns xavier-preview small-5 medium-5 large-5\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/jeg-far-nesten-frysninger/84065092\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:102.49%;aspect-ratio:0.98\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84065175&panoy=0&panow=100&panoh=100&panox=0&heightw=100&heighth=100&heighty=0&heightx=0&compression=70&format=webp&width=402&height=412 1.0x, https://borsen.dagbladet.no/images/?imageId=84065175&panoy=0&panow=100&panoh=100&panox=0&heightw=100&heighth=100&heighty=0&heightx=0&compression=70&format=webp&width=603&height=618 1.5x, https://borsen.dagbladet.no/images/?imageId=84065175&panoy=0&panow=100&panoh=100&panox=0&heightw=100&heighth=100&heighty=0&heightx=0&compression=70&format=webp&width=804&height=824 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: - Veldig, veldig skremmende\" fetchpriority=\"high\" height=\"412\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84065175&panoy=0&panow=100&panoh=100&panox=0&heightw=100&heighth=100&heighty=0&heightx=0\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"402\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.54em;--xcs-headline-size-md:4.62em;--xcs-headline-size-lg:4.62rem\">- Veldig, veldig</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.75em;--xcs-headline-size-md:5.24em;--xcs-headline-size-lg:5.24rem\">skremmende</span></h2></a></div></article><article class=\"column preview columns xavier-preview small-7 medium-7 large-7\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/usa-vi-har-kontroll/84067434\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:49.91%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84067462&panox=0&panoy=30.54&panoh=63.55&panow=100&heighty=0&heightx=6.09&heightw=46.67&heighth=100&compression=70&format=webp&width=565&height=282 1.0x, https://borsen.dagbladet.no/images/?imageId=84067462&panox=0&panoy=30.54&panoh=63.55&panow=100&heighty=0&heightx=6.09&heightw=46.67&heighth=100&compression=70&format=webp&width=848&height=423 1.5x, https://borsen.dagbladet.no/images/?imageId=84067462&panox=0&panoy=30.54&panoh=63.55&panow=100&heighty=0&heightx=6.09&heightw=46.67&heighth=100&compression=70&format=webp&width=1130&height=564 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: NĂ
: Dramatisk utvikling\" fetchpriority=\"high\" height=\"282\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84067462&panox=0&panoy=30.54&panoh=63.55&panow=100&heighty=0&heightx=6.09&heightw=46.67&heighth=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"565\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:2.35em;--xcs-headline-size-md:6.75em;--xcs-headline-size-lg:6.75rem\">NĂ
: Dramatisk</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:3.92em;--xcs-headline-size-md:11.27em;--xcs-headline-size-lg:11.27rem\">utvikling</span></h2></a></div></article></div><div class=\"row xrow flex-initial\"><article class=\"column preview columns xavier-preview small-7 medium-7 large-7\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/reaksjonene-hagler-vanvittig/84112935\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:49.91%;aspect-ratio:2.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84112975&panoh=100&panoy=0&panox=0&panow=100&heightw=100&heighty=0&heightx=0&heighth=100&compression=70&format=webp&width=565&height=282 1.0x, https://borsen.dagbladet.no/images/?imageId=84112975&panoh=100&panoy=0&panox=0&panow=100&heightw=100&heighty=0&heightx=0&heighth=100&compression=70&format=webp&width=848&height=423 1.5x, https://borsen.dagbladet.no/images/?imageId=84112975&panoh=100&panoy=0&panox=0&panow=100&heightw=100&heighty=0&heightx=0&heighth=100&compression=70&format=webp&width=1130&height=564 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: Reaksjonene hagler: - Vanvittig\" fetchpriority=\"high\" height=\"282\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84112975&panoh=100&panoy=0&panox=0&panow=100&heightw=100&heighty=0&heightx=0&heighth=100\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"565\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.65em;--xcs-headline-size-md:4.75em;--xcs-headline-size-lg:4.75rem\">Reaksjonene hagler:</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:3.38em;--xcs-headline-size-md:9.71em;--xcs-headline-size-lg:9.71rem\">- Vanvittig</span></h2></a></div></article><article class=\"column preview columns xavier-preview small-5 medium-5 large-5\" data-cxence_widget=\"free-nor\" data-cxense_tag=\"cerebro\" data-from=\"xavier\" data-reverseimagetextorder=\"false\" data-xavier-version=\"XRE\"><div class=\"content bg-white\"><a href=\"https://borsen.dagbladet.no/nyheter/lo-av-konkurrenten-na-gruser-de-tesla/84049408\"><div class=\"media\"><figure class=\"xre-figure\" style=\"--xre-fallback-ratio:100.50%;aspect-ratio:1.00\"><picture style=\"position:relative;height:100%\"><source srcset=\" https://borsen.dagbladet.no/images/?imageId=84049414&panow=100&panoh=100&panox=0&panoy=0&heightw=100&heighth=100&heightx=0&heighty=0&compression=70&format=webp&width=402&height=404 1.0x, https://borsen.dagbladet.no/images/?imageId=84049414&panow=100&panoh=100&panox=0&panoy=0&heightw=100&heighth=100&heightx=0&heighty=0&compression=70&format=webp&width=603&height=606 1.5x, https://borsen.dagbladet.no/images/?imageId=84049414&panow=100&panoh=100&panox=0&panoy=0&heightw=100&heighth=100&heightx=0&heighty=0&compression=70&format=webp&width=804&height=808 2.0x\" type=\"image/webp\"><img alt=\"Illustrasjon: Lo av konkurrenten - nĂ„ gruser de Tesla\" fetchpriority=\"high\" height=\"404\" loading=\"eager\" src=\"https://borsen.dagbladet.no/images/?imageId=84049414&panow=100&panoh=100&panox=0&panoy=0&heightw=100&heighth=100&heightx=0&heighty=0\" style=\"position:relative;min-height:100%;min-width:100%;object-fit:cover\" width=\"402\"></picture></figure></div><h2 class=\"xavier-headline headline xre\"><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.15em;--xcs-headline-size-md:3.47em;--xcs-headline-size-lg:3.47rem\">Lo av konkurrenten</span><span class=\"title dynamic-sizing\" style=\"--xcs-headline-size-sm:1.11em;--xcs-headline-size-md:3.34em;--xcs-headline-size-lg:3.34rem\">- nĂ„ gruser de Tesla</span></h2></a></div></article></div>\n\n\n\n </div>\n\n </main>\n\n <template class=\"definitionTemplate\">\n <div class=\"definitionPopup\">\n <div class=\"definitionInfo\">\n <p></p>\n <span></span>\n <button class=\"definitionClose\">â</button>\n </div>\n </div>\n </template>\n\n <div class=\"ad-coupon-links-wrapper ios-app-hide\">\n <div class=\"ad-coupon-links \">\n <div class=\"coupon_heading\">AnnonsĂžrinnhold:</div>\n <ul>\n <li><a class=\"button neutral small\" href=\"https://www.plussmobil.no?channel=allersites_footer\" target=\"_blank\">PlussMobil</a></li>\n <li><a class=\"button neutral small\" href=\"https://www.dagbladet.no/annonse/omstartslan/83615767\" target=\"_blank\">OMSTARTSLĂ
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"source_updated_at" : "2026-02-23 14:48:05",
"summary" : "Donald Trumps toll skulle fÄ ned handelsunderskuddet, og utlendingene skulle betale. SÄnn har det ikke gÄtt.",
"tags" : null,
"title" : "- En skikkelig smell",
"twitter_title" : null,
"version" : 1
}