Switzerland's gold industry is pushing back against a potential solution to ease trade tensions with the US. The Swiss trade group for gold refiners opposes relocating some operations to the US to address the trade imbalance and help with tariff negotiations. Here's what's happening ¹:
- *The Issue*: The US has imposed a 39% tariff on Swiss gold imports, which is damaging Swiss companies and the economy. Switzerland's huge gold export surpluses have been driven by traders moving metals to the US to
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Switzerland's gold industry is pushing back against a potential solution to ease trade tensions with the US. The Swiss trade group for gold refiners opposes relocating some operations to the US to address the trade imbalance and help with tariff negotiations. Here's what's happening ¹:
- *The Issue*: The US has imposed a 39% tariff on Swiss gold imports, which is damaging Swiss companies and the economy. Switzerland's huge gold export surpluses have been driven by traders moving metals to the US to