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Swiss will try to negotiate way out of stiff US tariffs
GENEVA: The Swiss government said Friday it would negotiate with the United States to try to avoid the tough 39-percent US tariff rate that would harm key industries. As part of a slew of new tariffs unveiled late Thursday on nearly 70 countries, Washington said it planned to charge a 39-percent tariff rate on Swiss goods, higher than the 31-percent rate that it had been threatening to implement. The new rate is set to go into effect on August 7, and would also prove painful for Switzerland’s manufacturing and watchmaking industries.
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cnbc.com
Switzerland's tariff shock: The 39% U.S. hit no one saw coming
The duty would be a "devastating" blow to the export-reliant Swiss economy and businesses, analysts say.
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arabnews.com
Swiss will try to negotiate way out of stiff US tariffs
GENEVA: The Swiss government said Friday it would negotiate with the United States to try to avoid the tough 39-percent US tariff rate that would harm key industries. As part of a…
