Trade War: Trump takes on the Swiss #politics
Bloomberg Televisionยท2025-08-04 17:24
President Trump is about to slam Switzerland with 39% import tariffs, one of the steepest levies globally. That threatens to leave key exports from chocolate to watches reeling. That's higher than the 31 tariff rate Trump had threatened in April and Dash's hopes that Switzerland would secure a more favorable deal. Switzerland isn't part of the EU and won't benefit from the trade deal Trump struck with the block, which locked in a tariff rate of 15%.For Swiss Chakis, including Lint and watch makers like Swat ...