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The latest news from Denmark in Еnglish


Summary of Danish Business News: Trump’s Trade War, Vestas’s Reporting Stance, and AI’s Impact

A New York trade court ruled tariffs imposed by Donald Trump as illegal, leading to uncertainty pending a Supreme Court decision. Simultaneously, Trump’s social media attacks on China have negatively impacted stock markets.

Vestas, a wind turbine company, initially expressed reservations about postponing EU sustainability reporting requirements for Danish companies in a memorandum to the Ministry of Industry and Commerce. However, when questioned by Finans, Vestas denied this being their current stance.

Salling Group, a major grocery group in Denmark, has failed to meet its 12-year goal of having a certain number of women on its board, drawing criticism from professors who believe the company should be a role model. The group has had no women on its board since early 2024.

Martin Thorborg, an entrepreneur, acknowledges that artificial intelligence will disrupt his accounting program, Dinero, but also sees opportunities for AI to enhance the platform’s capabilities and benefit customers. He envisions AI as a virtual business coach offering valuable insights to small businesses.

Recent developments in Donald Trump’s trade policies are facing challenges and causing frustration in Washington. A tax rule from 2013 is being changed, but some business owners affected by it will not receive assistance. The government’s new calculation method for the top-top tax is significantly reducing the state’s gains from it, sparking political debate.