It's a groundhog sort of day, back to tariff news:
Trump signed an order raising tariff rate on Canada to 35%, from 25%
Trump has hammered Switzerland with a 39% tariff rate
More:
- all goods that are considered to have been transshipped to avoid applicable duties will be subject to an additional 40% tariff,
- while the new tariff on Canada hits August 1 (just a few hours Eastern time) other tariffs come into effect in 7 days
CHF a loser.
