Days of micro nations sucking on the tit of larger nations without offering much back is coming to an end it seems.
Ordinary_Exercise941 on
But I thought tariffs would only hurt Americans. How is this possible???!!?!?
TheoryOfDevolution on
Switzerland has basically no leverage here. Pretty much all of Swiss export to the US are high-value, premium goods.
Loopbloc on
They mainly export pharmaceutical and retail products. By exporting pharmaceuticals in the form of ingredients rather than finished drugs, they can reduce tariff exposure.
For retail products, the costs of entering new markets are relatively low, since consumer goods face fewer switching barriers compared to industrial products.
Professional-Air2123 on
Putin won this fight. Make USA and Europe both weak, works brilliantly.
5 commenti
Days of micro nations sucking on the tit of larger nations without offering much back is coming to an end it seems.
But I thought tariffs would only hurt Americans. How is this possible???!!?!?
Switzerland has basically no leverage here. Pretty much all of Swiss export to the US are high-value, premium goods.
They mainly export pharmaceutical and retail products. By exporting pharmaceuticals in the form of ingredients rather than finished drugs, they can reduce tariff exposure.
For retail products, the costs of entering new markets are relatively low, since consumer goods face fewer switching barriers compared to industrial products.
Putin won this fight. Make USA and Europe both weak, works brilliantly.