Tag Archives: Swiss

The price of gold futures have soared to a record high after it was reported that the US would put tariffs on imports of 1kg bars in a further trade blow to Switzerland, which dominates the world’s refining industry. Swiss exports to the US were hit by a crippling 39% tariff on Thursday after the country’s president returned empty-handed from …

Tenacious Swiss Leader Stood Up to Trump — It Backfired on Her  Bloomberg.com Swiss Businesses Fear Being ‘Annihilated’ by One of the World’s Highest Tariffs  The New York Times A tariff avalanche catches Switzerland unawares  The Economist Trump tariffs: Did Swiss gold refiners fuel the crisis?  dw.com Switzerland will pursue further talks with US over crippling tariffs  Reuters Source link

Swiss Businesses Fear Being ‘Annihilated’ by One of the World’s Highest Tariffs  The New York Times Tenacious Swiss Leader Stood Up to Trump — It Backfired on Her  Bloomberg.com A tariff avalanche catches Switzerland unawares  The Economist Trump Tariffs: Did Swiss gold refiners fuel the crisis?  dw.com Switzerland will pursue further talks with US over crippling tariffs  Reuters Source link

Why did Switzerland get hit with a 39% tariff? US President Donald Trump’s argument is straightforward: He believes trade partners of the United States benefit from broad access to the US market, while often restricting access to their own, creating persistent trade imbalances. In the case of Switzerland, Trump balked at the Alpine nation’s $48-billion (€41.2-billion) trade deficit, which he said showed Swiss firms were “taking advantage” of …

This story is from an installment of In the Loupe, our weekly insider newsletter about the best of the watch world. Sign up here. Back in early April, when President Trump first announced his reciprocal tariffs—including a 31 percent levy on Swiss goods—the Swiss watch industry, which had gathered in Geneva for Watches and Wonders, went into a collective state of panic. …

Swiss Shock at Trump Tariffs Floats EU Rethink  Bloomberg.com Switzerland is in a uniquely difficult position when it comes to tariffs. Here’s why  CNBC Swiss President Set to Leave Washington Without Lower Tariff  Bloomberg.com Swiss cheesemakers fear for US sales if hit by tariffs  Reuters America’s tariff avalanche catches Switzerland unawares  The Economist Source link

Swiss President to See Rubio as Trump Meeting Still Unclear  Bloomberg.com Switzerland is in a uniquely difficult position when it comes to tariffs. Here’s why  CNBC Swiss President Set to Leave Washington Without Lower Tariff  Bloomberg.com Swiss cheesemakers fear for US sales if hit by tariffs  Reuters America’s tariff avalanche catches Switzerland unawares  The Economist Source link

Swiss President, Economy Minister to Fly to US for Talks  Bloomberg.com Swiss president under fire after Trump call leads to US tariffs shock  The Guardian Swiss Med-Tech Firm to Move Some Output Abroad to Ease Tariffs  Bloomberg.com America’s tariff avalanche catches Switzerland unawares  The Economist Chocolate, skincare and timepieces: What 39% tariffs on Swiss goods mean for U.S. consumers  CNBC Source link

US dollar gains after Friday’s slump as Fed cuts loom; Swiss franc drops  Reuters The dollar is being punished for the jobs data that revealed how weak the U.S. economy really was  Fortune US Dollar Seen at Risk From Trump’s Moves to Pick Policymakers  Yahoo Finance FX Daily: Three reasons for the dollar to stay pressured this week  ING THINK economic and financial analysis …

FOREX US dollar steadies after jobs rout, Swiss franc drops  Reuters Dollar steadies after US jobs rout, Swiss franc lower  Reuters Dollar slides further after weak payroll data as Fed rate cut odds surge- Currency Recap  MSN Euro Stabilizes Above $1.15 as Weak US Jobs Data Fuels Fed Cut Bets  TradingView FX Daily: Three reasons for the dollar to stay pressured this week  ING THINK …