01-08-2025
Trump's 39% Tariff Bombshell Crashes Swiss National Day Party
By , Bastian Benrath-Wright, and Levin Stamm
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Switzerland's political and business elite are reeling from Donald Trump's shock punitive tariffs that the government was confident it had avoided.
The US president's decision to slap tariffs of 39% on all Swiss imports is among the most dramatic of any so far, heralding a rude awakening on Friday, a national holiday that is a highlight of Switzerland's summer calendar.
