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Swiss Gold Refiners Eye US Investment to Ease Trump Tariffs
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Swiss Gold Refiners Eye US Investment to Ease Trump Tariffs
Feeling the weight of the Trump Administration’s tariff policy, Switzerland’s government is offering to encourage Swiss gold refiners to invest in the US gold refining industry.The Swiss are suffering under one of the highest Trump tariff rates globally. In effect since August 7, 2025, US officials say the 39 percent tariff on Swiss imports is necessary to address an estimated US$48 billion trade deficit. The tariff targets many of the European …
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