https://theworldwatch.com/tags/raises-tariffs/ Sat 18 Apr 2026 10:28:32 +0200 https://theworldwatch.com/videos/1611151/ha-trump-raises-swiss-tariffs-over-leader-s-call-tone/
In a Fox Business interview, Trump explained imposing a 30% tariff on Swiss goods like luxury watches and pharmaceuticals, then raising it to 39% because the call from Switzerland's leader felt too aggressive. The move addressed a roughly $38-42 billion U.S. trade deficit, though tariffs later dropped to 15% after negotiations amid controversy over gifts like a Rolex clock. Critics highlight the personal decision-making as evidence against using emergency powers for tariffs, fueling Supreme Court challenges and House debates where some Republicans joined Democrats to allow votes on blocking them. ]]> Wed 11 Feb 2026 09:36:00 +0200 https://theworldwatch.com/videos/1611151/ha-trump-raises-swiss-tariffs-over-leader-s-call-tone/