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International Business Times
International Business Times
Business

Swiss Will Try To Negotiate Way Out Of Stiff US Tariffs

The higher US tariff rate came as a surprise (Credit: AFP)

The Swiss government said Friday it would negotiate with the United States to try to avoid the tough 39-percent US tariff rate that would harm key industries.

As part of a slew of new tariffs unveiled late Thursday on nearly 70 countries, Washington said it planned to charge a 39-percent tariff rate on Swiss goods, higher than the 31-percent rate that it had been threatening to implement.

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