The tariffs, which come into effect on Thursday, are estimated to affect around 60% of Swiss exports to the United States, its largest market for its exports of pharmaceuticals, watches, machinery and chocolate. ADVERTISEMENT
Since returning to the presidency in January, Donald Trump has unleashed sweeping tariffs on allies and competitors alike – Copyright AFP ANDREW CABALLERO-REYNOLDSBeiyi SEOWPresident Donald Trump on Saturday said major US trading partners Mexico and the European Union would face a 30 percent tariff
The higher US tariff rate came as a surprise – Copyright AFP/File Patrick T. FallonThe Swiss government said Friday it would negotiate with the United States to try to avoid the tough 39-percent US tariff rate that would harm key industries.As part of a slew of new tariffs unveiled late Thursday on
A US delegation including Treasury Secretary Scott Bessent (C) is set to meet a Chinese team led by Vice Premier He Lifeng in Stockholm, to pursue tariff talks – Copyright FDFA/AFP/File MARTIAL TREZZININioucha Zakavati with Beiyi Seow in WashingtonTop economic officials from the United States and Ch
The consumer price index rose 2.7 percent from a year ago in July, slightly below the 2.8 percent that analysts expected – Copyright AFP/File Patrick T. FallonBeiyi SEOWConsumer inflation in the United States held steady in July, data showed Tuesday, but underlying price increases picked up as Presi
Starmer and Trump are due to discuss Gaza and trade – Copyright POOL/AFP Suzanne PlunkettPeter HUTCHISONUK Prime Minister Keir Starmer will press Donald Trump on ending the unspeakable suffering in Gaza, and also talk trade, when they meet Monday at the US presidents golf resort in Scotland, Downing
US Federal Reserve chief Jerome Powell has come under attacked from Trump, who has called him a \”numbskull\” for not lowering interest rates – Copyright AFP Mandel NGANBeiyi SeowUS Federal Reserve chief Jerome Powell is expected to walk a fine line while delivering a closely watched speech at a centr
