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US launches new trade investigation against Switzerland

The US government is launching probes into numerous trade partners, including Switzerland, after US President Trump's tariff policy faced legal setbacks. The issue is whether structural overcapacity in manufacturing sectors in these countries is putting the US economy at a disadvantage. + Get the most important news from Switzerland in your inbox In addition to Switzerland, the European Union, Norway, China, Japan, Mexico, Taiwan, India and several other Asian countries are also being scrutinised. This was announced by US Trade Representative Jamieson Greer. The investigation is based on a section of a 1974 trade law, which the US has used in the past to impose punitive tariffs on China, for example. In February, the US Supreme Court prohibited Trump from using another law to impose tariffs by decree. Since the start of his second term in office in January 2025, he had bypassed the US Congress to impose tariffs on imports from dozens of trading partners. Following the Supreme Court ... Full story here Are you the author?
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