The madness continues.
Tariffs on pharmaceuticals to be added soon...
www.swissinfo.ch/eng/multinat...
Swiss pharma sector could face steep US tariffs
These would be introduced soon, Trump told journalists on board the presidential aircraft Air Force One.
Trump hit Switzerland 🇨🇭 with a 32% "reciprocal" tariff 📉📈
💡 BUT: Effective tariff is only 18% as some goods were exempted. In particular, pharmaceuticals 💊 They are making up about one fourth of Swiss exports to US.
Global Trade Alert computed effective tariff rates w/ exceptions 👇