Blick, the largest Swiss boulevard newspaper and influential on public opinion writes that Donald Trump was right to impose high tariffs and that this even will help Switzerland.
The matter has also brought the Swiss President to call Trump to discuss tariffs and it seems that this call had the changing effect to turn Trump to reduce all countries’ tariffs to 10% for 90 days pending further negotiations.
Markets always adapt to new situations, sometimes very quickly as proven by the massive rebound on intenrantional stock markets.
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