US President Donald Trump raised tariffs on Switzerland to 39 percent after a tense phone call with a Swiss leader. This move intensifies trade tensions despite ongoing negotiations to reduce tariffs.
They bury the 200 billion investment in the FAQ but then say that “A third of this will be invested by the end of 2026, based on projects already in the pipeline.” So it sounds like they get credit for existing projects, which are roughly on the order of 200 billion in 5 years.
This isn’t news. It’s already at 15%, which they finally say at the end of the article.
It’s interesting to read the swiss perspective: https://www.seco.admin.ch/seco/en/home/Aussenwirtschaftspolitik_Wirtschaftliche_Zusammenarbeit/Wirtschaftsbeziehungen/usa.html
They bury the 200 billion investment in the FAQ but then say that “A third of this will be invested by the end of 2026, based on projects already in the pipeline.” So it sounds like they get credit for existing projects, which are roughly on the order of 200 billion in 5 years.