Yes yes yes. And quit subsidies. Why the hell we pay more for our good cheese than the U.S. citizen do? And I want my T-bone steak, at U.S. price!
I would not agree. Digital dependence is already there. Now we want to kill our agriculture too?
No no no
Doesnât Qatar have trade deficit instead of surplus with US?
Is there cheese in the US? Any time Iâve been there I didnât notice any cheese anywhere.
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.
And âswiss cheeseâ thatâs definitely from Switzerland ![]()
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 placeâŠ
There is Swiss cheese, best quality and cheaper than here! At least there used to be, export help.
I see a bunch of âexporting companiesâ soon getting established in Germany that only take 5% profit plus the 15% EU export tariff.
Isnât 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 badâŠ
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 donât know what those concessions would have to look like and itâs possible our negociating team doesnât know either.
From the WSJ: The Rough Day in Court for Trumpâs Tariffs
Summary (courtesy of Gemini):
U.S. judges are challenging President Trumpâs 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 doesnât 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 doesnât support the administrationâs claims.
Excerpt (on the novelty of the administrationâs argument):
âAnd yet the statuteâs been in existence for over 50 years, correct?âŠWhy is that? Has there been no national emergencies in 50 years?â â Judge Jimmie Reyna
Excerpt (on the lack of legal grounding for tariffs within the law):
ââTariffsâ seems to have no friends in that statute, so why would we read tariffs into that statute?â â Judge Alan Lourie
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
They didnât 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 âUS national Emergencyâ that would justify a huge jump in tariff rate (from 10% to 50% in Brazilâs 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 donât yield to his views after all.
Whatâs 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.
Here is explanation from Greer about Switzerland . Basically since CH cannot reduce the trade deficit , itâs challenging. Switzerland doesnât 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.
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.