US Duties, Truce is an Illusion (cross-border guide)
New US measures risk further weighing on Swiss exports
Context
In a nutshell
- Switzerland expects the United States to replace customs duties with new punitive measures.
- The Confederation and trade associations do not consider the truce to be a relief for Swiss exporters.
Key facts
- What: New US Punitive Measures
- When: July 24
- Where: United States
- Who: US Government
- Amount: customs duties of 12.5%
The ruling of the US Supreme Court was unequivocal: the customs duties imposed by Donald Trump on 2 April 2025 had no legal basis. Such a measure required congressional approval.
The Trump administration reacted without delay. Based on another article of law, it imposed additional customs duties of 10% on imports from all countries. For legal reasons, however, it could only do so for 150 days, a measure that then expires on July 24.
At that date, however, customs duties are not expected to decrease. In early June, the US government proposed new punitive tariffs against some sixty trading partners, including Switzerland. Another legal provision, Article 301 of the Trade Act, should serve as the legal basis.
Higher than that applied to the EU According to the allegations, Switzerland would resort to unfair trading practices. Like 54 other economies, it does not have an explicit ban on importing products derived from forced labor, ”according to
Operational details
Switzerland expects the United States to replace customs duties with new punitive measures. The Confederation and trade associations do not consider the truce to be a relief for Swiss exporters.
The ruling of the US Supreme Court was unequivocal: the customs duties imposed by Donald Trump on 2 April 2025 had no legal basis. Such a measure required congressional approval.
The Trump administration reacted without delay. Based on another article of law, it imposed additional customs duties of 10% on imports from all countries. For legal reasons, however, it could only do so for 150 days, a measure that then expires on July 24.
At that date, however, customs duties are not expected to decrease. In early June, the US government proposed new punitive tariffs against some sixty trading partners, including Switzerland. Another legal provision, Article 301 of the Trade Act, should serve as the legal basis.
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Key points
Switzerland expects the United States to replace customs duties with new punitive measures. The Confederation and trade associations do not consider the truce to be a relief for Swiss exporters.
The ruling of the US Supreme Court was unequivocal: the customs duties imposed by Donald Trump on 2 April 2025 had no legal basis. Such a measure required congressional approval.
The Trump administration reacted without delay. Based on another article of law, it imposed additional customs duties of 10% on imports from all countries. For legal reasons, however, it could only do so for 150 days, a measure that then expires on July 24.
At that date, however, customs duties are not expected to decrease. In early June, the US government proposed new punitive tariffs against some sixty trading partners, including Switzerland. Another legal provision, Article 301 of the Trade Act, should serve as the legal basis.
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Source: tio.ch
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