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August 8, 2025
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Swiss scramble to avert Trump’s 39% tariff ahead of looming deadline

Trump administration justified Friday’s move by claiming that Switzerland had in essence stolen money from the US and should therefore be hit with a tariff rate commensurate with the trade deficit

​Trump administration justified Friday’s move by claiming that Switzerland had in essence stolen money from the US and should therefore be hit with a tariff rate commensurate with the trade deficit 

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