Trump Collects Billions in the Customs Dispute: Japan Pays, Switzerland Is to Follow

Neue Zürcher Zeitung

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The EU has broken into the customs dispute with the US. Japan has even worse caught it. According to the US Trade Minister from Switzerland, the US would like to receive Japanese-style ransom payments.

Handelszeitung

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The US President Trump's customs hammer hit the Swiss economy hard. If tariffs remain at the current level, Swiss GDP growth could be noticeably lower than previously assumed, according to a UBS study. However, a recession is not expected.

siol.net

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Donald Trump has not been on good terms with Switzerland lately, having imposed a 39% tariff on it in August. So it was a bit of a surprise when he was on Sunday at…