Donald Trump is humiliating Switzerland
The Swiss president and economy minister are rushing to Washington in a last-ditch attempt to reverse Donald Trump’s decision to impose a devastating 39 per cent tariff on Swiss exports. That decision landed in Bern with the force of a punch to the stomach. Officials were blindsided and the stock market and Swiss franc slumped. The tariff, higher than what the EU or UK received, threatens the very foundations of Switzerland’s export-led economy. With just one day to go before the tariffs come into effect, the mood in Bern is one of quiet panic. A country that once prided itself on independence is learning that deference earns no favours in