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US Imposes 39% Tariff on Swiss Gold, Impacting Global Market Dynamics

2025-08-08 05:47:14

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Description

The United States has implemented a 39% tariff on imports from Switzerland, effective August 7, 2025, significantly impacting the Swiss gold refining industry. This tariff, the highest among developed nations, specifically targets one-kilo and 100-ounce gold bars, which were previously exempt from such taxes. The move is part of a broader strategy to address a

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