Swiss businesses are famous for producing high-quality products that are sold worldwide. When these items are sent to other countries to be sold, they are shipped. Recently, a serious issue has come up for goods shipped to the United States.
The U.S. government has placed a very high tariff on these goods. A tariff is a type of tax on imported products, and this one is 39 percent. This makes Swiss products much more expensive for American consumers.
Business leaders are very concerned about the consequences of this new policy. The potential consequences include lower sales, which could lead to companies losing money and having to fire employees. They are warning everyone about how serious the situation is.
These companies are afraid that if the U.S. president is not persuaded to change this policy, their businesses could be badly damaged. They are hoping for a quick solution before the negative effects become too great.