<
https://www.theguardian.com/us-news/2025/aug/07/more-than-60-countries-scramble-respond-donald-trump-latest-tariffs>
"More than 60 countries around the world are scrambling to respond to the
latest wave of US tariffs announced by Donald Trump, which came into force on
Thursday.
Industry representatives in rich and poor countries warned of job losses as the
tariffs upended a decades-old world trading system with rates ranging from 10%
to 39%, 40% and 41% for Switzerland, Brazil and Syria.
All over the globe, leaders were attempting to put contingencies in place after
Trump’s tariff threats turned to reality at a minute past midnight Washington
time.
The Brazilian government said it was planning a state aid plan for companies
affected. The president, Luiz Inácio Lula da Silva, said the duties were
“unacceptable blackmail”.
Switzerland said it was seeking new talks with the US after a last-gasp mission
to Washington by its president, Karin Keller-Sutter, failed to stop a 39%
tariff blow that industry group Swissmem described as a “horror scenario”.
In a statement after an emergency meeting with Keller-Sutter, the Swiss cabinet
said the tariffs would “place a substantial strain on Switzerland’s
export-oriented economy”.
“For the affected sectors, companies and their employees, this is an
extraordinarily difficult situation,” Keller-Sutter told reporters."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
