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If this was about tariffs, why was Switzerland targeted?

Posted on 4/4/25 at 7:29 am
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
20242 posts
Posted on 4/4/25 at 7:29 am
WSJ - Switzerland Says It's Baffled by Tariff Calculations

Paywall bypass

quote:

The Swiss government said it doesn’t understand how the U.S. calculated its tariffs. All Swiss goods will be subject to 31% to 32% when imported into the U.S. That’s higher than other U.S. trade partners with similar economic structures like the European Union, the U.K. and Japan, the Swiss Federal Council said. “The calculations of the US government are not clear to the Federal Council,” it said.

The Swiss government denied it had a trade surplus with the U.S. due to unfair trade practices, saying 99% of U.S. goods can be imported into Switzerland duty-free. Escalating trade tensions isn’t in Switzerland's interests, the council said, and the government isn’t planning to retaliate against the U.S.


Statement from the Swiss government:

quote:

Switzerland's goods export surplus is not due to ‘unfair' trade practices. Switzerland abolished all industrial tariffs as of 1 January 2024. This means that 99 per cent of all goods from the USA can be imported into Switzerland duty-free. Switzerland does not provide market-distorting industrial subsidies. The goods trade surplus is mainly attributable to exports from the chemical and pharmaceutical industry and the gold trade. The USA is the largest recipient of Swiss direct investment.


So to restate my thread title, where did the 61% "tariff" on this chart come from if this is actually about tariffs on US imports?

Posted by Aubie Spr96
lolwut?
Member since Dec 2009
43214 posts
Posted on 4/4/25 at 7:30 am to
quote:

where did the 61% "tariff" on this chart come from if this is actually about tariffs on US imports?


It was ‘calculated’ by fricking clowns.
Posted by Proximo
Member since Aug 2011
20040 posts
Posted on 4/4/25 at 7:33 am to
quote:

The goods trade surplus is mainly attributable to exports from the chemical and pharmaceutical industry and the gold trade.


Nice try.
Deficits were recorded, in billions of dollars, with European Union ($30.9), China ($26.6), Switzerland ($18.8),

Mexico ($16.8), Ireland ($14.0), Vietnam ($12.4), Taiwan ($8.7), Germany ($8.1), Canada ($7.3), India ($5.6), Japan ($5.2), Italy ($5.1), South Korea ($4.5), Malaysia ($3.1), Australia ($2.1), France ($1.5), Singapore ($1.1), and Israel ($0.7).
This post was edited on 4/4/25 at 7:34 am
Posted by dgnx6
Member since Feb 2006
79061 posts
Posted on 4/4/25 at 7:34 am to
Prolonged trade deficits hurt our currency.


Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
87202 posts
Posted on 4/4/25 at 7:35 am to
They was have on average a 30% tariff on out Ag

Not sure why they or you are confused
Posted by IvoryBillMatt
Member since Mar 2020
4818 posts
Posted on 4/4/25 at 7:35 am to
quote:

It was ‘calculated’ by fricking clowns.


Liberation Day was supposed to be a big deal. Does ANYONE think the chart wasn't an embarrassment?
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
451051 posts
Posted on 4/4/25 at 7:35 am to
quote:

Nice try.
Deficits were recorded,


quote:

If this was about tariffs, why was Switzerland targeted?
Posted by TBoy
Kalamazoo
Member since Dec 2007
26035 posts
Posted on 4/4/25 at 7:35 am to
Because what the Administration is telling the American people are “tariffs” by other countries are not tariffs at all. They are using the term “tariff” in place of a completely different circumstance, hoping that Americans are too stupid about these things to notice. Trump is peddling nonsense.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
451051 posts
Posted on 4/4/25 at 7:36 am to
quote:

Prolonged trade deficits hurt our currency.




Glad I still have this link up
quote:


quote:

What about the view by President Trump that other countries are ripping us off by running trade surpluses?


It’s pathetic. The very phrase “trade surpluses” gives half a story. There are countries that supply mainly goods, physical goods, and there are other things like services that other countries provide, and the United States gets a lot of money from providing services. To talk about one part of the trading and ignore the other part fails to understand that money is money no matter whether it’s from goods or services.
Posted by dgnx6
Member since Feb 2006
79061 posts
Posted on 4/4/25 at 7:37 am to
You Harris supporters can’t even define tariff let alone woman.

Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
10856 posts
Posted on 4/4/25 at 7:38 am to
quote:

It was ‘calculated’ by fricking clowns.


Unfortunately I have to agree with.
Posted by Corinthians420
Iowa
Member since Jun 2022
12997 posts
Posted on 4/4/25 at 7:38 am to
quote:

Nice try.
Deficits were recorded, in billions of dollars, with European Union ($30.9), China ($26.6), Switzerland ($18.8),


They didnt deny they had a surplus. They denied they had a surplus due to unfair practices
Posted by dgnx6
Member since Feb 2006
79061 posts
Posted on 4/4/25 at 7:38 am to
Persistent trade deficit puts downward pressure on our currency.


You are a dumbass in favor of continuing to weaken the dollar.


You want the continued job loss.


You want debt to keep increasing.


You want full on economic colonization.








This post was edited on 4/4/25 at 7:44 am
Posted by Paddyshack
Land of the Free
Member since Sep 2015
10724 posts
Posted on 4/4/25 at 7:39 am to
is it your contention that tariffs and trade deficits are unrelated?

A simple yes or no will suffice
Posted by stout
Porte du Lafitte
Member since Sep 2006
175629 posts
Posted on 4/4/25 at 7:39 am to
quote:

If this was about tariffs, why was Switzerland targeted?



To keep it from becoming a loophole like China was using Canada and Vietnam as. It's not hard to understand why.


ETA:

China has been abusing Vietnam

From ChatGPT

quote:

China has been using Vietnam as a tariff loophole to bypass U.S. tariffs, especially those imposed during the U.S.-China trade war. Here’s how it works:

Transshipment – Some Chinese companies reroute goods through Vietnam, relabeling them as "Made in Vietnam" to avoid U.S. tariffs on Chinese products. This is done by minor processing or simply repackaging goods.

Manufacturing Shift – To avoid direct tariffs, some Chinese firms have set up factories in Vietnam to partially or fully manufacture products there. This allows them to claim Vietnamese origin and benefit from lower tariffs.

Supply Chain Diversification – Many Chinese businesses are using Vietnam as an assembly hub. Parts or components are made in China, shipped to Vietnam for final assembly, and then exported to the U.S. under more favorable trade terms.

Forged Certificates of Origin – Some exporters have been caught falsely labeling products as Vietnamese to dodge tariffs. The U.S. has cracked down on such practices with stricter customs enforcement.



This post was edited on 4/4/25 at 7:41 am
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
87202 posts
Posted on 4/4/25 at 7:43 am to
Isnt that why he hit McDonalds Island
Posted by stout
Porte du Lafitte
Member since Sep 2006
175629 posts
Posted on 4/4/25 at 7:45 am to
Yes.

While the tariffing penguin memes are funny, the left really thinks they had something on how dumb Trump is for putting tariffs on uninhabited islands.
This post was edited on 4/4/25 at 7:47 am
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
451051 posts
Posted on 4/4/25 at 7:46 am to
quote:

is it your contention that tariffs and trade deficits are unrelated?


There theoretically can be a relation, but you have to go case by case. Tariff by tariff.

Trade deficits are caused by many other stronger factors than tariffs.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
451051 posts
Posted on 4/4/25 at 7:46 am to
quote:

To keep it from becoming a loophole

Then the stated reciprocity is a bold faced lie
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
87202 posts
Posted on 4/4/25 at 7:46 am to
Stable Genius
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