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There Is Nothing to Win: Why Switzerland and the EU Avoid Trump's Customs Stage

The US is conducting investigations into forced labour and industrial "overcapacity" that are likely to result in new tariffs, but the major trading partners are not participating in the hearings. They believe that they can only lose on the American stage.

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The US is conducting investigations into forced labour and industrial "overcapacity" that are likely to result in new tariffs, but the major trading partners are not participating in the hearings. They believe that they can only lose on the American stage.

·Zürich, Switzerland
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Neue Zürcher Zeitung broke the news in Zürich, Switzerland on Thursday, May 7, 2026.
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