The United States’ trade policy continues to leave its mark on the global economy and financial markets, with clear reactions worldwide. SVT Agenda visited an economics lecture at Stockholm University for an inteview with both students and John Hassler.
Photo: Niklas Björling/Stockholm University
It is total chaos – something we’ve never really seen before
When Swedish Television’s Agenda interviews John Hassler, professor of economics at Stockholm University, he says:
”It is total chaos – something we’ve never really seen before. The major thing is that we’re now witnessing one of the world’s most important leaders behaving in a completely incomprehensible manner.”
Today’s lecture, attended by about a hundred students, focuses on the effects of imposing tariffs. According to John Hassler, tariffs could cause prices of imported goods in the U.S. to rise – and consumers risk paying the price.
Among the students, there is also a clear awareness that the future is uncertain.
”I’ve come to really appreciate the Swedish process of governance and inquiries. It’s a slow, bureaucratic, democratic process compared to the rather temperamental, dictatorial way”, says student Emanuel Westerlund.
John Hassler is a professor of economics at the Institute for International Economic Studies. The introductory economics course at Stockholm University is one of the courses he teaches.
