Progress in US-Mexico Tariff Negotiations; President Denies Reduction to 15%

The US President confirmed that negotiations with Switzerland have made progress, but denied the drop to 15%!

The president confirmed on Monday at the White House when answering reporters' questions that the United States is negotiating with Switzerland to reduce the previous 39% tariff on Switzerland, but at the same time, the president denied a report by Bloomberg that the US would impose a 15% tariff on Switzerland: "No, I have not set any numbers, but we will try to help Switzerland. We have hit Switzerland very hard."

The United States has proposed very harsh political and economic conditions to Switzerland, which almost all Swiss parties feel unable to accept. On one hand, it requires Switzerland to give up its independence and must comply with American instructions to impose sanctions on specific countries at any time. On the other hand, it requires investment in the US, and the US will make decisions on the investment funds from the US to Switzerland.

Original: www.toutiao.com/article/1848445751270464/

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