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Switzerland’s US Tariff Blow Threatens Its Go-It-Alone Approach
14 Articles
14 Articles
She had found access to Trump, the Swiss president boasted and expected a good customs deal. Then came the hammer: 39 percent. What that means for watches, chocolate and other things.
Switzerland’s US Tariff Blow Threatens Its Go-It-Alone Approach
The two-minute video isn’t subtle. Wielding a medieval halberd, the president of the conservative Swiss People’s Party lays out the choice Switzerland faces: a simpler life that the country’s founders spelled out in a one-page declaration more than 700 years ago or a 2,000 page treaty with the European Union.
The U.S. President can be captivated with big promises. But the parties do not hold anything from utopian promises.
Even the calculation of the "reciprocal" tariffs by Donald Trump on April 2 caused astonishment. It could become even more absurd against SwitzerlandThe customs hammer is circling over Switzerland. 39 percent tariffs have threatened US President Donald Trump, should no satisfactory deal be made for him by the day after tomorrow. While the Swiss are looking for means and ways, the question arises: How does Trump reach 39 percent?The number seems …
In an interview with Watson, Sergio Rossi, professor of economics at the Uni de Fribourg, deciphers the customs tariff war between Switzerland and Donald Trump.
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