Donald Trump’s latest trade manoeuvre has put Switzerland in the crosshairs, with the former US president threatening to impose punishing tariffs on Swiss exports. The move has sent shockwaves through Bern and Brussels, raising fears that the European Union could be next in line.
Why is Trump Targeting Switzerland?
Trump’s grievances stem from Switzerland’s trade surplus with the US, which he claims undermines American industries. His proposed tariffs—reportedly as high as 25%—could hit Swiss watches, pharmaceuticals, and machinery hardest.
EU Braces for Impact
Analysts suggest this could be a precursor to a broader assault on EU trade policies. "If Trump returns to power, Brussels should expect a full-scale trade war," warns one senior economist.
Key Implications:
- Swiss economy at risk: Export-dependent sectors face immediate disruption.
- EU vulnerability: Similar tactics could be used against Germany and France.
- Global ripple effects: Markets may react to heightened trade tensions.
As diplomatic channels scramble to respond, the spectre of 2018-style trade wars looms large. With Trump’s combative approach showing no signs of softening, the international trade landscape may be heading for turbulent times.
