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6 Articles
6 Articles
“A black day for our country,” headlined Blick, the largest-run Swiss newspaper. He published a very graphic cover, all in black with a large blank figure: 39%. Donald Trump announced last week the imposition of a 39% tariff on Swiss sales in the United States, punishing the Alpine country with the highest export tax on the whole world. The US president’s slap has left one of the richest European countries in shock, famous for its neutrality and…
Switzerland Hit with 39% US Tariff as President Returns from Washington Empty-Handed – EUROP INFO
Switzerland is set to face a steep 39% tariff on its exports to the United States following the recent failure of diplomatic negotiations, as President [Name] returned to Bern empty-handed from Washington. The imposition of these tariffs marks a significant escalation in trade tensions between the two long-standing allies, potentially disrupting key industries and prompting concerns over the future of bilateral economic cooperation. This develop…
If the 39% US tariffs on Swiss imports are maintained, they could reduce Switzerland's gross domestic product (GDP) by up to 0.4 percentage points over four quarters, UBS economists warned on Friday.
Growth grew by only 0.1% in the second quarter, compared to 0.8% in the first three months of the year. Several key sectors in the country fear a heavy 39% tariff impact imposed by Donald Trump.
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