Meanwhile,
Customs agreement between united states:
The agreement between the EU. Similarly, the United States on customs duties will weigh on Swiss industry, says Swissmem. Therefore, The association expects a decline in demand for Swiss industrial products.
Customs duties of 15% against the EU is better than the 30% of which Donald Trump had threatened Europe. Moreover, writes the scheme of the machine industry. However. she recalls that before the entry according to the American president in January, customs duties were less than 10%, she adds.
Our Sunday article: Between two golf parties in Scotland. Donald Trump imposes customs duties of 15% on the EU
An indirect but real effect
Switzerland will be affected because it delivers many basic products and components for European products which will then be struck by American customs duties during their export to the United States. For Swissmem, it will therefore be impacted customs agreement between united states indirectly.
The Confederation is threatened to be imposed on customs duties of 31% from August 1. She is still waiting for an agreement with Washington.
If the rate applied to Switzerland is ultimately lower than that imposed on the EU. Swiss companies will benefit from a certain comparative advantage to their European competitors, SWISSMEM continues. Otherwise, they will be “doubly penalized”. In both cases, Switzerland will undergo “a clear deterioration”, deplores the ridge.
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customs agreement between united states — Customs agreement between united states: The agreement between the EU and the United States on customs duties will weigh on Swiss industry, says Swissmem. The association expects a decline in demand for Swiss industrial products.Customs duties of 15% against the EU is.
Customs agreement between united states
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