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Swiss Reel From 'Horror Scenario' After US Tariff Blow

  • Switzerland's government is meeting after President Donald Trump imposed a 39-percent tariff, creating fears of job loss in the country.
  • Swissmem stated that the tariff could lead to the 'de facto death' of the Swiss tech industry's export business to the USA.
  • Economiesuisse warned that the tariffs could put thousands of jobs at serious risk and called for further talks.
  • Trump justified the tariffs by citing Switzerland's substantial trade surplus with the United States.
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Lean Left

The US imposes fines on 60 percent of Swiss exports and plunges the country into a crisis. After the resultless negotiations in Washington, the government declares itself and wants to help affected companies.

·Germany
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KAKE NewsKAKE News
+18 Reposted by 18 other sources
Center

Swiss to seek more talks with US as 'horror' tariffs kick in

The Swiss government said Thursday it would pursue more talks with the United States after a last-gasp mission to Washington failed to stop a 39-percent tariff blow that businesses described as a "horror scenario".

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Center

Astonished in Switzerland: 39 percent tariffs from the USA and no prospect of change. The economy speaks of a "horror scenario".

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Newsbug.infoNewsbug.info
+28 Reposted by 28 other sources
Center

Swiss reel from 'horror scenario' after US tariff blow

Switzerland scrambled for answers Thursday after a last-gasp government mission to Washington failed to stop a 39-percent tariff blow from President Donald Trump, sparking job fears in what businesses called a "horror scenario".

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Bloomberg broke the news in United States on Wednesday, August 6, 2025.
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