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Switzerland Faces Trade Tensions: Trump’s Tariff Proposals Stir Concerns | Business

Switzerland Faces Trade Tensions: Trump’s Tariff Proposals Stir Concerns | Business

Switzerland expressed concern on Tuesday over U.S. President-elect Donald Trump’s tariff plans, announcing potential countermeasures if his administration implements them. Trump’s strategy aims to escalate trade tensions with a proposed 10% tariff on all imports and even higher taxes on goods from China. The Swiss economy, heavily reliant on exports to the U.S., could...