Chronicles of 2025

Of course there is. American cheese even has the name in it. And you can buy cheese in all form and shapes, including convenient tubes.

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And “swiss cheese” that’s definitely from Switzerland :grinning_face_with_smiling_eyes:

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AKA Holey Shit

This is bad. Our neighbors that relinquished more of their sovereignty got a better deal. It might tilt the outcome of the Bilateral III vote, and generally make the world a worse place


There is Swiss cheese, best quality and cheaper than here! At least there used to be, export help.

I see a bunch of “exporting companies” soon getting established in Germany that only take 5% profit plus the 15% EU export tariff.

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Isn’t that normal. The more you give up your sovereignty, the more other party likes you. This is the ultimate aim of superpowers

Some use weapons and others use trade. Some use both

Swissmem saying many ten thousand jobs are in danger.

This looks baad, like really bad


If 40% stays yeah might as well assume US exports mostly stops.

My guess is the additional 7 days delay is meant for us to get back to them with heavy concessions in order to lower the base rate. I don’t know what those concessions would have to look like and it’s possible our negociating team doesn’t know either.

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From the WSJ: The Rough Day in Court for Trump’s Tariffs

Summary (courtesy of Gemini):

    U.S. judges are challenging President Trump’s use of emergency powers to unilaterally impose tariffs, questioning the legal basis of his actions. The core dispute revolves around whether the 1977 IEEPA law, which doesn’t explicitly mention tariffs, grants the president this broad authority. Judges expressed skepticism, emphasizing that the Constitution assigns tariff power to Congress and that historical precedent doesn’t support the administration’s claims.

Excerpt (on the novelty of the administration’s argument):

“And yet the statute’s been in existence for over 50 years, correct?
Why is that? Has there been no national emergencies in 50 years?” — Judge Jimmie Reyna

Excerpt (on the lack of legal grounding for tariffs within the law):

“‘Tariffs’ seems to have no friends in that statute, so why would we read tariffs into that statute?” — Judge Alan Lourie

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Whatever the concessions will be - they will be really bad

I think Swiss govt need to carefully weigh them because paying 200 B USD (in whatever form) to save exports of 80 B is also not a very good deal.

This is basically what US wants. They want a region under so much stress that they end up giving up more and more.

Real hard job for the government

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They didn’t even ask how his old pal in Brazil being pursued by the justice system under the new government, or Canada recognizing Palestine would constitute a ‚US national Emergency‘ that would justify a huge jump in tariff rate (from 10% to 50% in Brazil’s case where the US actually runs a trade surplus).

Then again, a friendly Supreme Court may just dismiss such pesky nit picking, nothing wrong with destroying foreign businesses if their governments don’t yield to his views after all.

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What’s unfortunate is that countries getting good deals are the ones making impossible/unrealistic commitments that they will never deliver on (i.g: EU energy imports). Swiss diplomats are too serious and honest to lie.

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Here is explanation from Greer about Switzerland . Basically since CH cannot reduce the trade deficit , it’s challenging. Switzerland doesn’t have capacity to buy more stuff from US, so more or less US wants to buy less from CH.

I guess only option left would be massive investments in US which would be tough as companies (Pharma) who can invest are the ones who need to reduce their prices in US by 50%.

The tariff rate is determined % trade deficit. Very simple. Also mentioned by Greer.

https://www.bloomberg.com/news/videos/2025-08-01/swiss-trade-talks-challenging-us-trade-rep-greer-video

Every word these asshats speak makes me furious. Why in gods name do we NEED to reduce the trade deficit. It does not make any sense.

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Maybe we’ll have soon some Brolexℱ, made in the US :grinning_face_with_smiling_eyes:

By the way it’s funny how we went from reciprocal (which makes some sense at least) to this mostly non sense trade deficit based one (why X% deficit should have X% tariff, might as well be X/20 or any other value).

We can’t blame US team. Some trading partners have basically agreed on this arguments.

Thats why we see massive commitment to buy US gas and oil & aeroplanes to reduce trade deficit by EU, Japan, South Korea, Indonesia etc

This has emboldened the stand of US team.

—//

Imagine if EU announced tomorrow, 34% extra tax on all US services because that’s the deficit. US will undoubtedly go bananas. But I doubt EU will have guts to go this direction given the situation on defence side

It’s alright guys (and single gal, unless we have more). The key would be to maintain our personal revenue, which in itself is looking shittier by the day given the impact this can have, if it materializes, so we can continue investing.

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