Trump tariffs: Did Swiss gold refiners fuel the crisis?

business • 8/7/2025

Many were baffled when Donald Trump slapped a steep 39% tariff on imports from Switzerland. The Swiss aren't known for flooding the US with cheap goods, but their outsize role in gold refining is distorting trade data.

Many were baffled when Donald Trump slapped a steep 39% tariff on imports from Switzerland. The Swiss aren't known for flooding the US with cheap goods, but their outsize role in gold refining is distorting trade data. Why did Switzerland get hit wit... [7232 chars]