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Switzerland races to avoid 39% Trump tariff as trade talks stall

2025-08-04 11:37:06

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Switzerland is on edge as a brutal 39% tariff from the United States threatens to slam into its exports in just a few days. The country was blindsided last week when President Donald Trump’s administration announced one of the steepest trade penalties yet. Most Swiss officials thought they were close to a deal. Reports had said the agreement only needed Trump’s signature. Instead, they got a tariff bombshell . The Swiss are now stuck trying to fix a situation that changed almost overnight. Accor...

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Economy CHF EUR USD

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