Tag Archives: Swiss

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 …

The Swiss stock market has plunged, the cabinet has been holding emergency talks and President Karin Keller-Sutter has been accused of mishandling a vital phone call with the White House after Donald Trump hit the country with a shock 39% export tariff. Switzerland, home to some of the world’s best-known luxury brands, was left stunned after the US president on …

Dollar steadies after US jobs rout, Swiss franc lower  Reuters Dollar drops further post weak payrolls; Fed to cut next month?  Investing.com The dollar’s handbrake turn  ING Think Dollar rebound fizzles after jobs data disappoints  Financial Times US jobs jolt fans Fed rate cut buzz; rupee to ride dollar slump  MSN Source link

Swiss Push for Tariff Deal Hits Roadblock in Heated Trump Call  Bloomberg.com Switzerland Is Stunned by 39% U.S. Tariff, Among the Highest in the World  The New York Times Confusion and anger in Switzerland – hit by highest tariffs in Europe  BBC Buying a Swiss Watch in America Is About to Get a Lot More Expensive  The Wall Street Journal Trump to Swiss: Happy …