Swiss authorities says will not be contemplating any countermeasures in opposition to the US

• The Swiss authorities says it’s not contemplating any countermeasures in opposition to the US at this level.
• It is able to make extra enticing supply to the US.

One of many shocking tariff charges was the 39% to Switzerland. The president stated that they’ve a $40 billion commerce deficit and that is not adequate.

• Luxurious Items (Watches, Chocolate, Cheese): Swiss watches are significantly affected—all imports now topic to 39% duties. Chocolate and cheese can also face worth hikes in U.S. shops

  Prescribed drugs & Healthcare: Whereas crucial medicines could also be exempted or negotiated, long-term pharmaceutical tariffs might ultimately attain as much as 200% with out carve-outs

  Industrial Items: Switzerland abolished inner tariffs on industrial merchandise in 2024—however U.S. duties nonetheless apply to Swiss-origin exports getting into the U.S. market

This text was written by Emma Wang at investinglive.com.