Swiss army knife maker relieved by US tariff cut
The CEO of Swiss army knife maker Victorinox as reacted with relief to the reduction in United States tariffs on Swiss products to 15%. +Get the most important news from Switzerland in your inbox This creates a more manageable framework for exports, Carl Elsener told the AWP news agency on Wednesday. Thanks to this reduction, "the financial sacrifice" for deliveries to the US will be less, he said. At the same time, the remaining direct tariffs of around 20% and the additional tariffs on steel are still a "major challenge". Читать дальше...