Has the clock stopped on Swiss US trade?
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President Trump's tariffs have caused shock worldwide, with governments scrambling to find a deal to placate him. Some have managed: the UK got in first, with a sweet deal of just 10%, the European Union crept in behind with 15%. Still more than they were paying before Mr Trump's "liberation day", but less than they had feared. Spare a thought then for Switzerland, which has been hit with punitive tariffs of 39%, and has so far been unable to persuade the US president to relent. Switzerland is
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