2025 - Trump's Tariff Threats: Implications for Switzerland and Germany
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2025 - Trump's Tariff Threats: Implications for Switzerland and Germany
April 2, 2025, is anticipated as a “Day of Liberation” by Donald Trump, who plans to introduce reciprocal tariffs targeting nations with high trade surpluses against the U.S. Three potential tariff scenarios are discussed: symmetrical adjustments, upward adjustments, and a blanket tariff rate. The EU may respond with increased tariffs on cars and wine, while both sides consider negotiating on existing tariffs. Insights are derived from Feodora T…
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