Consequently,
United states imposes rate 39%on:
The taxation by the United States of 39% customs duties. Consequently, more than the 31% announced in April by the American president, corresponds to the “WORTH SCENARIO”, said Friday morning Charles-Henry Monchau, head of investments at Banque Syz. However, “It’s the cold shower,” he comments. Therefore, “In the various optimistic scenarios, one was to stay at 10%, another was to be aligned with the European Union at 15%.”
The banker stresses. however, that these 39% are consistent with “the increase of about 10% suffered that all nights all nights that had failed to find an agreement, such as South Africa or Canada.”
“These 39%is not a punishment for Switzerland, it is a global treatment applied to a certain number of countries. Similarly, But it is not necessarily their fault. Meanwhile, because technically, to find agreements with more than a hundred countries seemed almost impossible,” he analyzes. united states imposes rate 39%on “The surprise is that instead of extending the duration of the negotiations. it sets up an additional punishment on a very large number of countries, but not really important in terms of American imports.”
Another negotiation margin
According to Charles-Henry Monchau. Donald Trump thus agrees with a “negotiation margin” to ask for certain guarantees from his interlocutors “before potentially returning to a more reasonable rate”. “I also remind you that the United States is penalized itself. because its effective customs duties rate increased from 2% in 2024 to just over 15%. If nothing should change, prices in the United States will skyrocket. So there is every interest in Americans to find a margin of negotiation, including Switzerland.”
He therefore still wants to be optimistic. “Karin Keller-Sutter mentioned yesterday, no decision was never final with Donald Trump, we can always negotiate. I think she is right. We have seen in the last three months united states imposes rate 39%on that he had returned to a lot of decisions.”
However, according to him, this rate will enter in force anyway on August 7. “Donald Trump said that it was not a new delay but just a technical point for American customs to. apply these prices. So on August 7, we are entitled. Then, negotiations will certainly be implemented.”
United states imposes rate 39%on
>> His full interview in the morning of Friday:
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