US Hits Switzerland With 39% Tariff in Global Trade Blitz | The Pulse 8/01/2025
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Donald Trump will impose a 39% tariff on imports from Switzerland, one of the steepest levies globally which threaten to leave the country’s key exports reeling. The outcome — detailed in an executive order Thursday — is higher than the 31% tariff rate Trump had threatened to levy in April and dashes hopes that the country would secure a more favorable deal. The Swiss government expressed its “great regret,” pointing out that the new tariff rate differs “significantly” from a draft framework
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