Explainer: Will Swiss supermarkets be inundated with cheap, hormone-filled beef after US tariff deal?
The US has reduced tariffs on Swiss exports from 39% to 15% but has wrangled duty-free access for American meat, fish and chicken in return. Should Swiss consumers be worried? The announcement on August 1 of a 39% tariff on all Swiss imports into the United States sent shockwaves through Switzerland. It came as a surprise, because the Swiss government was convinced it had negotiated down the 31% tariff announced on April 2 (United States President Donald Trump’s so-called Liberation Day) to a more manageable 10%. Читать дальше...