THE AS-SWISS TRADE RELATIONSHIP IS UNDER PRESSURE Switzerland is facing increasing tensions with Washington after the 39% tariffs imposed by Trump—far above the estimated 10–15%—were enacted under emergency economic powers to address a $60 billion deficit. This move challenges Switzerland's image as a neutral partner and highlights its protected agricultural sector as a flashpoint. Economists warn against overstating the cause-and-effect relationship, noting the broader political motives behind the trade escalation. #Swiss #TradePolicy