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Trump Tariff Impact on Swiss Markets to Unravel Today
Mint New Delhi
|August 04, 2025
Impact of tariff on markets yet to emerge as the announcement came on a national holiday
Swiss stock investors are bracing for Monday's market reopening after US President Donald Trump slapped a punitive 39% export tariff on the country, among the world's highest. Trump's tariff rollout landed on a holiday, Swiss National Day, which means any market fallout will only be felt once trading resumes on Monday. While Trump's fresh tariff salvo left baseline rates unchanged for many of the US's trading partners, some like Canada and Switzerland got hit.
This story is from the August 04, 2025 edition of Mint New Delhi.
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