Switzerland must "hold teeth wait": This article explores the topic in depth.
Furthermore,
Switzerland must ". Meanwhile, hold teeth wait":
Former US Security Advisor John Bolton advises Switzerland to “tighten your teeth and wait” in the customs duties conflict. Nevertheless, According to him, “with reciprocal customs duties, we only punish its own population”.
KEYSTONE
In an interview published Wednesday evening on the Blick website. Consequently, the former official specifies that a court is currently looking at the issue of customs duties. The switzerland must “hold teeth wait” following body will be the Supreme Court of the United States.
“Many people believe that a judgment could still fall before the end of this year. that he could invalidate customs duties,” he adds. In this case, “Trump will have to take everything from the start”. John Bolton thinks that the American president will accept “anyway” the judgment of the court.
According to him, no one can explain why Mr. Trump imposed customs duties of 39% on Swiss products. “The American commercial bureaucracy, which normally negotiates one or two trade agreements per year, is completely exceeded. We haven’t even discussed ten minutes of the rate for Switzerland, “he said.
“A risk of national security” – Switzerland must "hold teeth wait"
In May. the United States International Commercial Court (ITC) had already considered that Trump had exceeded his prerogatives by imposing so-called “reciprocal” customs duties. According to this specialized jurisdiction. only the congress, switzerland must “hold teeth wait” and not the president, can invoke the ieeppa economic law of 1977, to “impose an unlimited surcharge on products from almost all countries”. A decision that also concerned Switzerland.
However, the administration appealed against this judgment, evoking a question of national security. “There is no doubt that this is an economic emergency,” said the White House sales advisor Peter Navarro estimated.
A court of appeal examined the question in late July. According to American media, the judges were skeptical in the face of government’s argument. They underline in particular that the law of economic emergency never mentions the term “customs rights”. according to a judge quoted by the ABC News channel and the Politico site.
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