Swiss businesses shocked by 39% tariffs
World Business Report
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Tariff Shockwaves: Impacts on U.S. and Swiss Trade
This chapter examines the effects of new tariffs on U.S. businesses and their repercussions for Swiss exports, particularly following the unexpected imposition of a 39% tariff. It highlights the concerns of Swiss industry leaders and the uncertain future of trade relations between Switzerland and the U.S. The discussion further extends to the economic struggles faced by Lesotho, illustrating the broader implications of U.S. tariffs on smaller nations.
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