Switzerland Taken Aback by U.S. Tariffs

New tariffs expected to have pros and cons in western Massachusetts

CHICOPEE, Mass. (WWLP) - As the trade war unfolds, China strikes back with 34% tariffs on U.S. imports. For the last decade, the U.S. has been trying to increase global trade, lower trade barriers, and lower tariffs, but investors told 22News that this is a step in a different direction. Some items like toys that are in the U.S. right now are not taxed, but by the end of the summer, they are expected to be. "There's always a debate about who pay…

Switzerland faces US tariffs without any concept, finds old Federal Councillor Jopeph Deiss and misses the course before the WTO.

Swiss exponents will be able to put forward many arguments against the new US tariffs in Washington in the coming days and weeks. A deal is also conceivable, but high expectations are not recommended.

Switzerland Taken Aback by U.S. Tariffs

New York Times: “The tiny Alpine nation, famous for its political neutrality, fine chocolates and precision watches, had eliminated industrial tariffs recently on all imports, including American goods. It has kept the European Union at arm’s length to avoid entanglement in trans-Atlantic trade fights. Swiss companies generate half a million jobs in the United States.” “So when Mr. Trump imposed double-digit tariffs on Wednesday, no one was more …

US tariff shock: adding up the Swiss bill

Swiss companies, politicians and workers are scrambling to work out the true cost of punitive US tariffs.

How much will US trade tariffs on Switzerland cost each household?

Donald Trump’s announcement that 31-percent tariffs would be levied on imports from Switzerland sent shockwaves through the country’s economic circles. But what impact could this measure have on people directly?