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Switzerland nears US tariff cut

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Switzerland neared a deal with the United States to cut U.S. import tariffs to about 15 percent after business leaders pushed negotiations following Trump’s 39 percent levies.

by Dean Baker

59%

by Richard S.J. Tol

90%
richardtol.bsky.social
Schrodinger's tariffs.
ronfilipkowski.bsky.social Ron Filipkowski @ronfilipkowski.bsky.social · 3h
If, according to Trump, the government doesn’t have the tariff money available to refund all of it if he loses the lawsuit before SCOTUS, how can he be talking about giving away trillions in $2,000 checks?
November 11, 2025 at 11:52 AM

Reposted by Richard S.J. Tol

30%
ronfilipkowski.bsky.social
If, according to Trump, the government doesn’t have the tariff money available to refund all of it if he loses the lawsuit before SCOTUS, how can he be talking about giving away trillions in $2,000 checks?
November 11, 2025 at 11:44 AM

Reposted by C. Christine Fair

12%

Reposted by Christian Odendahl

9%
pdonovan-econ.bsky.social
Do tariff cuts cut prices?

Talk of lower tariffs on US imports from Switzerland might offer an important test case: do consumer prices fall when tariffs are reduced?

www.ubs.com/global/en/we...

#EconSky
Do tariff cuts cut prices?
Media reports suggest US importers may face a lower tariff on products from Switzerland (the suggestion is that the August 39% tariff becomes 15%). Swiss imports are a rather modest contribution to th...
www.ubs.com
November 11, 2025 at 10:42 AM
Tages-Anzeiger
Trump on the customs deal: 'We want Switzerland to stay successful'

Donald Trump commented on the customs deal with Switzerland. The exact words of the U.S. president.

Trump on the customs deal: 'We want Switzerland to stay successful'
Reposts 0 6h

by Timothy D. McBride

30%
mcbridetd.bsky.social
Head spinning:

After raising people's taxes (tariffs), Trump asks that money to be refunded in the form of a "$2,000 tariff dividend" www.axios.com/2025/11/10/2...
What to know about Trump's pitch for a $2,000 tariff dividend
Tariff stimulus checks is an idea Trump has repeatedly touted but never executed.
www.axios.com
November 11, 2025 at 6:33 AM
Handelsblatt
Foreign trade: Switzerland appears close to a tariff deal with the United States

President Donald Trump has pressured Switzerland with high tariffs, and negotiations for a new deal now appear close to finalization.

Foreign trade: Switzerland appears close to a tariff deal with the United States
Reposts 0 8h

by Iikka Korhonen

72%
iikkakorhonen.bsky.social
What was the point?🇨🇭🇺🇸

www.bloomberg.com/news/article...
Switzerland Moves Close to Securing Improved 15% US Tariff Deal
Switzerland is close to securing a 15% tariff on its exports to the US, in what would be a relief for the country after it was hit with a punishing 39% levy in August, according to people familiar wit...
www.bloomberg.com
November 11, 2025 at 5:19 AM

by Hakan Yilmazkuday

75%
yilmazkuday.bsky.social
Gains from tariff reductions are about 1.8% for the median country. dx.doi.org/10.2139/ssrn.499...
November 11, 2025 at 2:45 AM
Der Spiegel
Donald Trump: Switzerland may hope for lower tariffs

39 percent – it was a shock for Switzerland when Donald Trump recently punished the country with massive import tariffs. According to the US president, there will now be a new agreement.

Donald Trump: Switzerland may hope for lower tariffs
Reposts 0 14h
Der Spiegel
Donald Trump: Switzerland can look forward to lower tariffs

Thirty-nine percent — for Switzerland it was a shock when Donald Trump last hit the country with massive import tariffs. According to the US president, there will now be a new agreement.

Donald Trump: Switzerland can look forward to lower tariffs
Reposts 2 14h
Financial Times
Switzerland nears deal to cut US tariffs to 15% after business push

The European country hopes to cut the levy from 39% after business leaders stepped in to push the talks forward.

Switzerland nears deal to cut US tariffs to 15% after business push
Reposts 3 15h

by Aaron Sojourner

28%
aaronsojourner.org
www.wsj.com/livecoverage...
Solicitor General: Tariffs Are Not for Revenue
The Trump administration is arguing that tariffs aren’t primarily a tool to raise federal revenue, despite the president repeatedly touting the hundreds of billions of dollars the levies have brought ...
www.wsj.com
November 10, 2025 at 9:30 PM

by Simon Lester

32%
simonlester.com
The good news about all that foreign investment money is that we wouldn't have to pay it back because we don't actually have it.
mattpeterson.bsky.social Matt Peterson @mattpeterson.bsky.social · 18h
Trump claims the U.S. would need to repay $2 trillion if the Supreme Court overturned his tariffs. He says that covers "tariff revenue and investments," which presumably includes the deals from Japan, Korea, etc. Credible estimates of tariff revenue are less than 10% of that.
The “Pay Back” Numbers being quoted by the Radical Left Lunatics, who would love to see us lose on Tariffs because of how bad it would be for our Country, are much higher than those being stated by our Fake Opposition — Opposition mainly from Foreign Countries that would do anything to be allowed to charge us Tariffs without retribution. The actual Number we would have to pay back in Tariff Revenue and Investments would be in excess of $2 Trillion Dollars, and that, in itself, would be a National Security catastrophe. Those opposed to us in the United States Supreme Court are giving low Numbers so that the Court will think it is easy to get out of this terrible situation that these Anarchists and Thugs have put us into!
November 10, 2025 at 8:23 PM

Reposted by Simon Lester

10%
atrupar.com
Hassett: "I think it's back on the table to think about what to do with those tariff revenues. I'm sure the president will discuss with congressional leaders whether because of all of the extra tax revenue, there is more room to get checks back to people."
November 10, 2025 at 8:19 PM

Reposted by Simon Lester

10%
mattpeterson.bsky.social
Trump claims the U.S. would need to repay $2 trillion if the Supreme Court overturned his tariffs. He says that covers "tariff revenue and investments," which presumably includes the deals from Japan, Korea, etc. Credible estimates of tariff revenue are less than 10% of that.
The “Pay Back” Numbers being quoted by the Radical Left Lunatics, who would love to see us lose on Tariffs because of how bad it would be for our Country, are much higher than those being stated by our Fake Opposition — Opposition mainly from Foreign Countries that would do anything to be allowed to charge us Tariffs without retribution. The actual Number we would have to pay back in Tariff Revenue and Investments would be in excess of $2 Trillion Dollars, and that, in itself, would be a National Security catastrophe. Those opposed to us in the United States Supreme Court are giving low Numbers so that the Court will think it is easy to get out of this terrible situation that these Anarchists and Thugs have put us into!
November 10, 2025 at 8:18 PM

by Oliver Stuenkel

37%

Reposted by Daniel W. Drezner

20%

Reposted by Dean Baker

19%
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